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Pork price trend analysis in 2023

The analysis of pig price trends in 2023 is as follows:

1. Relatively speaking, the current price of pork is still not low. At present, pig prices are in the stage of "peaking at a high level". By 2023, they may be in a declining pig cycle. In the medium term, there will be considerable downward pressure on pig prices.

2. In terms of breeding costs, the prices of corn and soybean meal are generally on the high side, which has a relatively large cost support for the current pig price. "But the overall trend of pig prices is definitely relatively bearish."