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    Home > Food News > Food Articles > "5 yuan pig price" has finally become a reality, has the price of live pigs fallen to the end...

    "5 yuan pig price" has finally become a reality, has the price of live pigs fallen to the end...

    • Last Update: 2021-10-21
    • Source: Internet
    • Author: User
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    Listed pig companies have to face the "5 yuan per catty" price of live pigs


    After the Mid-Autumn Festival and National Day, the price of live pigs continued to fall


    The price of live pigs fell to "5 yuan a catty" and finally became a reality

    According to the monitoring data of Souzhu.


    In September last year, Tang Renshen Chairman Tao Yishan publicly stated that according to incomplete statistics, the scale of the pig raising projects under construction or to be built by the major pig raising companies in China will reach 2 billion heads, while the consumption of pork in China is only 650 million.


    It is worth noting that although the price of live pigs has fallen to a new low, the pace of selling pigs by listed pig companies is getting faster and faster


    The supply of live pigs continued to increase, and the price of live pigs dropped again and again


    Increased losses in pig enterprises and slaughter

    A reporter from China Business Daily noted that up to now, the nine listed pig companies have supplied 61.


    According to data from Zhuo Chuang Information, as of October 9th, each self-raised pig will lose 770.


    It is worth noting that the gap between the price of live pigs and the price of pork has gradually narrowed


    The agricultural product research team of CITIC Construction Investment also stated that from the perspective of gross profit, the overall gross profit of the pig industry during the profitable period of this round of pig cycle has reached 2.


    Has the price of live pigs fallen to the end?

    "I look at the price of live pigs every day, even if it only goes up by a few cents, I think this is a sign that the whole industry is beginning to improve


    In the capital market, the stock prices of listed pig companies are also closely related to the price of live pigs


    Has the price of live pigs fallen and started to rebound? The industry generally believes that the price of live pigs may still have room to fall


    Kong Hailan, a researcher in the pig industry of the Everbright Futures Research Institute, also believes that after the Mid-Autumn Festival and National Day, the price of pigs will continue to fall


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