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The price of pigs has risen above "8 yuan" in many places, and it has risen by 5 cents overnight in some places. How is the pig market in June?

As the Dragon Boat Festival approaches, the price of live pigs across the country continues to rise. In many places, it has exceeded "8 yuan" and is close to the high at the beginning of the year.

In addition, according to monitoring by industry institutions, as pig prices rebound, farmers have strong bullish expectations. The number of pigs in the country has been replenished in May, farmers have increased the number of livestock restockings, and the rate of depletion of production capacity has slowed down.

Today the price of live pigs broke “8” in many places! Local prices rose by 5 cents overnight

In June, the price of live pigs in more and more areas across the country has risen above 8 yuan.

According to Zhuhaoduo data monitoring, on June 2, 2022, the national average price of three-yuan pigs was 15.80 yuan/kg, an increase of 0.03 yuan/kg from yesterday.

Overall, according to the pig price data of 31 provinces (municipalities) across the country, 18 provinces (municipalities) increased and 13 provinces (municipalities) fell. Compared with yesterday, the area where pig prices increased today decreased, and the increase rate increased. Slow, but the overall trend is still rising.

Specifically, the largest increase in pig prices today was in Shanghai, with a single-day increase of 0.50 yuan/kg, an increase of 5 cents overnight; the largest single-day decrease was in Hainan Province. It is 0.44 yuan/kg; today’s pig price increases and decreases in other provinces (cities) are mostly 0.01-0.15 yuan/kg, and the fluctuation is not too big.

As of June 2, 2022, the province with the highest price for foreign three-yuan pigs in the country is Guangdong Province, with a quoted price of 18.24 yuan/kg, a decrease of 0.08 yuan/kg from yesterday; the lowest price for foreign three-yuan pigs in the country The province is Xinjiang Autonomous Region, and the price is 14.63 yuan/kg, down 0.02 yuan/kg from yesterday.

The number of live pigs has stopped falling and rebounded, supporting the rise in pig prices in the short term

According to feedback from front-line pig farms, with the strong rebound in pig prices, farmers have been active in replenishing the stock, and secondary fattening There are also more and more farmers, and the stock of large fertilizers on the market has increased significantly compared with March and April.

At the same time, high-frequency official pork purchases and storages are also constantly boosting market confidence. In particular, the failure rate of recent batches of pork purchases and storages has remained high, which has intensified the farmers' optimism about the future market. Sentiment, pig inventory stopped falling and rebounded.

In the long term, the increase in pig stocks will limit the height of the future market; however, in the short term, it may be a positive factor for the market in June, and the slaughter time of pigs will be postponed.

It is understood that the planned slaughter volume of large-scale farms in June will continue to decrease, with a month-on-month decrease of 3.55% compared with the actual slaughter volume in May; for pigs that are fattened for the second time after mid-to-late April, they will basically be fattened in late June. Starting to come out one after another from left to right.

On the whole, the total pig slaughter volume did not change much in June, which supported the rise in pig prices in the short term.

The operating rate of slaughterhouses fell month-on-month during the week, restricting the continued rise of pig prices

According to industry agency monitoring, as the temperature rises, the market price of pork has dropped slightly; while on the breeding side Resistance to price and reluctance to sell, tight supply, and relatively strong pig prices have led to the continuous expansion of the loss rate of slaughterhouses, and the operating rate has also been affected.

As of May 26, the average operating rate of key slaughtering enterprises across the country was 30.73%, and the slaughter volume in some provinces fell by 10%-20% from last week, restricting the continued rise of pig prices.

Based on the above information, we can see that the current trend of pig market is mainly affected by the game of market supply and demand. The breeding end has planned to reduce supply, leading to a tightening of pig market supply in the short term; while consumption Due to the influence of temperature and epidemic factors, pork prices have continued to rise and have been suppressed.

In the final analysis, the supply and demand in the pig market are in a stalemate. The price of pigs in June is likely to fluctuate, and it is difficult to rise or fall! What do you think? Welcome to leave a message for discussion!