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Pork will fall or rise?

Because of the huge volume, each round of the pig cycle, the more rapid the price of pigs, the more tragic the decline, 2020 crazy rise, 2021 deep fall more than, but from the trend of hog prices throughout the year in 2021, the seasonal price trend is very significant.

According to the monitoring data, the highest point of this year's hog prices appeared on January 14, the average price of foreign three yuan hogs out of the pen was 36.78 yuan / kg, while the lowest point of the year appeared on October 8, the average price of foreign three yuan hogs out of the pen was 10.54 yuan / kg, and the high point of the year compared to the fall reached 71.34%, and compared with the same period last year, the drop rate also reached 66.68 percent.

Early 2021, the continuation of the pattern of relatively tight supply of hogs, hog prices ran high, but with the expected recovery of hog production capacity, the price of hogs began to go all the way down, although at the end of June, there was a wave of a brief rebound of nine days, but the downward trend does not change.

Entering the 4 quarter, October in the storage, curing, sausage activities in advance of the opening of factors such as stimulation, hog prices and then the lowest price of the year after a strong rebound, and at this time has been from the beginning of the current round of the hog cycle, nearly three and a half years, and many people even think that October should be the lowest point of the current round of the hog cycle. But is this really the case? We all know that each round of the hog cycle when the trough comes, is often the highest point of supply, that is, non-consumption season of pig slaughter high point, but from all aspects of the situation, the current supply high point has not yet arrived. Due to the untimely follow-up on the demand side, the expected peak consumption season did not appear in December, and as of Dec. 27, the national average price of outer three yuan hogs was RMB 16.26/kg, down 9.52% from a year earlier, and 54.40% from a year earlier.

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