SunSirs: Agri, This Week Live Pig Price Go Strong (January 13-17)
January 20 2020 13:19:30 SunSirs (Daisy)
The price of sanyuan hybridization pig at home and abroad was slightly stronger this week. The average price at the beginning of the week was 35.40 RMB / kg, and the average price at the weekend was 35.60 RMB / kg, up slightly by 0.56%.
Market aspect, as bad weather such as heavy rain and snow weather, the continued tightness of the meat market and the rebound in meat demand before the holiday, the domestic pig market price rose again after New Year's Day.
The average price on January 17 was 35.60 RMB / kg, an increase of 6.11% from January 1. At the end of the year, the slaughtered pigs will be released one after another. After the gradual recovery of transportation, the supply of pigs gradually increases. In addition, the provinces and cities will gradually release frozen meat to stabilize the pig price. The price of live pig lacks in sufficient incentive in the future.
For feeding, the domestic corn and soybean meal market prices have generally weakened and stabilized, and the overall cost of aquaculture and feed has stabilized. In summary, the domestic breeding profit is still at a high level, and it is difficult for the enthusiasm of the farmers to fill the pens to fall, and the stock of pigs in the market will further rise.
Li Wenxu, a live pig product analyst at SunSirs, believes that it is difficult for pig price to increase prices. It is expected that the domestic live pig market prices will continue to fluctuate at current levels before the China’s New Year.
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