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SunSirs: Pig Prices Continued to Rise (9.16-9.20)

September 24 2019 14:03:19     SunSirs (Eva)

1.Price Trend

According to the monitoring of SunSirs, the price of three yuan pigs at home and abroad continued to rise, with an average price of RMB 25.72/kg at the beginning of the week and RMB 26.37/kg at the end of the week, an increase of 2.53%.

2.Cause analysis

In the middle of September, local governments successively issued relevant policies to encourage farmers to resume pig production. Affected by the epidemic factors, the scale of domestic pig breeding is difficult to quickly rise to the previous high level in a short period of time. In a short period of time, the tight supply situation of domestic pig market will still be difficult to ease. With the support of continuous supply less than demand, domestic pig market Market prices continue to operate strongly.

In the near future, frozen meat will be released from the warehouse to supplement the supply of terminal meat market one after another. In addition, the high price of meat will lead to poor recognition of terminal consumers. The demand of terminal meat market remains depressed as a whole. With the National Day holiday approaching, farmers'willingness to enter the market will increase slightly, and the supply of meat market will increase, which will increase the price of domestic pig market. Play a certain calming role.

The domestic corn market price shocks slightly, the soybean meal price surges back and lags behind, the feeding cost fluctuates slightly, and the super-high profit will promote the enthusiasm of farmers to fill the fence to a certain extent, and the pig stock in the future is expected to stop falling and stabilize.

3.Future Market Forecast

Analyst of pig products in SunSirs, there is insufficient incentive for pig prices to continue to rise in the multi-empty game, and the price of domestic pig market is expected to move forward with a small shock.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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