News summary
Domestic pig prices have continued to rise, and the average price has exceeded 16 yuan/kg. The market's bullish sentiment is heating up. The main reasons include the monthly decline in sow stocks, the impact of the epidemic and tight supply. Although there is pressure on pork consumption, the tight supply and demand pattern is expected to maintain a strong trend in pig prices, and good news for farmers is significant.
Newsletter text
[Pig prices have exceeded the 16 yuan mark in a row, and market bullish sentiment is high] Recently, domestic pig prices have continued to rise, and the average monthly price has exceeded 16 yuan/kg, and market bullish sentiment continues to rise. Although it is currently in the off-season of pork consumption, pig prices still show an irrational upward trend due to tight supply at the breeding end. Analysis shows that on the one hand, due to the downward trend of the pig cycle and the impact of the epidemic, the number of sows has been reduced month by month, the production capacity of retail investors in the northern market has been reduced month by month, and the supply of pigs suitable for heavy standards has been reduced month by month. On the other hand, non-epidemic conditions have led to loss of production capacity in the early stage. The recent upward trend in pig prices has become clear. The enthusiasm of Eryuganlan pig farms to replenish their farms has increased, and there has been a rush buying phenomenon in the market, further supporting the rise in pig prices. Judging from the current supply and demand pattern, pig prices are expected to remain strong against the background of strong support for secondary breeding and tight supply of pigs. On May 25, pig prices are expected to rise 0.0%bestslotmachinestoplayatthecasino.32 yuan/kg, and the price of foreign Sanyuan pigs rose to around 16.66 yuan/kg. However, we also need to be vigilant about market changesbestslotmachinestoplayatthecasinorisks. As pig prices continue to rise, the market's bullish confidence may weaken, and the breeding side's mentality of suppressing the fence may loosen. In addition, the consumer side is relatively weak, the white bar is weak to keep up with the increase, slaughtering companies are limited in their willingness to continue to collect pigs at high prices, and the pressure for pig prices to continue to rise. On the demand side, with the peak summer barbecue season, improvement in residents 'income and a recovery in the catering industry, there is certain support for the growth of pork consumption. However, farmers still need to be cautious in responding to market fluctuations, focusing on improving breeding efficiency and reducing costs. Overall, the tight supply of pigs may continue for some time. Whether pig prices can break through the 18-yuan mark depends on the further evolution of the market supply and demand relationship. For farmers, this is a period when opportunities and challenges coexist. Only by keeping up with the pace of the market and flexibly responding to changes can they gain an advantage in the competition. It is expected that in the short term, under the influence of tight supply of standard pigs and high bullish sentiment, pig prices will continue to rise. However, as the cost of secondary fattening and filling up stalls rises, market caution may heat up, the consumer side is relatively weak, slaughtering companies are limited in their willingness to continue to collect pigs at high prices, and the rise in pig prices may narrow.
