According to the Commodity Market Analysis System of SunSirs, the domestic and international prices of Sanyuan live pigs fluctuated last week, with an average price of 14.25 RMB/kg at the beginning of the week and 14.23 RMB/kg at the end of the week, with a slight decrease of 0.14% during the week.

Entering June, the demand in the terminal meat market remains sluggish, with pig prices continuing to be weak, and the breeding industry continuing to suffer losses. Farmers still have a mentality of being reluctant to sell at high prices, and the supply-demand game in the pig market continues to intensify. Last week, prices in the domestic pig market rose and fell, and the overall low price of pigs fluctuated slightly.

Last week, domestic corn prices fluctuated slightly, rising by 0.16% during the week, while soybean meal prices fluctuated and fell by 1.91% during the week. Overall, the cost of breeding and feeding is still high, and the domestic pig to grain ratio continues to operate at a low level. Pig farming is still in a loss situation.

Li Wenxu, a pig product analyst at SunSirs, believes that as the temperature gradually increases, the risk of pig slaughter gradually increases. At the same time, due to factors such as high temperatures and rainy weather in summer, the difficulty of pig transportation has increased. The demand for terminal meat market continues to be sluggish, and the market supply and demand game continues to intensify. In the short term, China domestic pig prices will continue to operate at a low level and consolidate mainly.

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