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    Home > Active Ingredient News > Feed Industry News > A pound of ribs is nearly 50 yuan! Zhu Zengyong: Hog prices began to loosen at the end of October

    A pound of ribs is nearly 50 yuan! Zhu Zengyong: Hog prices began to loosen at the end of October

    • Last Update: 2022-10-31
    • Source: Internet
    • Author: User
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    ;

    Following the rise in hog prices, pork has also become
    more expensive.
    The reporter recently visited the Beijing market and found that the price of a kilogram of ribs is close to 50 yuan, and the price of pork belly and pork ridge per kilogram is in the range of
    20-40 yuan.
    At the same time, the reporter also noted that less than 20 yuan / kg of government reserve meat has been put on the shelves of major supermarkets, and listed pig companies have also increased the supply of
    pigs.
    In the eyes of industry insiders, the possibility of a subsequent increase in hog prices is relatively small, and the end of October is expected to usher in a turning point
    in prices.
    vCx-,

    In the Beijing market, the price of some ribs is close to 50 yuan / jin
    .
    vCx-,

    Reserve pork is released simultaneouslyvCx-,

    Pork prices are again of concern
    .
    According to the monitoring of the National Development and Reform Commission, in the week of October 10-14, the average weekly retail price of lean meat in 36 large and medium-sized cities increased by more than 40% compared with the same period last year, which has entered the excessive increase level 1 warning range determined by the "Improving the Government's Pork Reserve Adjustment Mechanism to Ensure Supply and Stabilize Prices in the Pork Market"
    .
    vCx-,

    The reporter saw in many large supermarkets such as Xicheng District, Chaoyang District, and Fengtai District of Beijing that many consumers were a little anxious
    in the face of the current pork prices.
    Some consumers said that pork is priced one day at a time, like riding a roller coaster; Some consumers said that the New Year's Day and Spring Festival are getting closer and closer, and they are worried that the price of pork will continue to be high
    .
    vCx-,

    In order to increase the supply of pork in the market, the state recently released the sixth batch of central pork reserves this year, and guided all localities to increase efforts to synchronize the release of local government pork reserves
    .
    The reporter saw in the Carrefour supermarket in Shuangjing, Chaoyang District, Beijing, that the government reserve pork of less than 20 yuan per kilogram has been listed, of which the price of foreleg meat is only 15 yuan
    per kilogram.
    A Carrefour staff member said that this part of the pork is shipped very quickly, and it can be sold out
    in the morning or afternoon.
    vCx-,

    Zhu Zengyong, a researcher at the Beijing Institute of Animal Science and Veterinary Medicine of the Chinese Academy of Agricultural Sciences, told reporters that after the latest batch of government reserve meat, the trend of rising pork prices has slowed down, which has played a role in guiding the market to a certain extent
    .
    The release of six consecutive batches of reserve pork has released a benign signal to the market, prompting the breeding end to speed up the speed of
    pig slaughter.
    vCx-,

    There is no shortage of pigs on the marketvCx-,

    Unlike the rise in pork prices in previous years, this time there is no shortage of pigs
    in the hog market.
    Even, in terms of supply, hogs are sufficient
    .
    vCx-,

    According to data from the National Bureau of Statistics, in the first three quarters of this year, 520.
    3 million pigs were slaughtered nationwide, an increase of 5.
    8%
    over the same period last year.
    The reporter sorted out the sales data of 14 listed pig companies in the first three quarters of this year and found that the total number of pigs slaughtered by 14 listed pig companies in the first three quarters exceeded 90 million
    .
    vCx-,

    Pig companies are also increasing the number of
    pigs slaughtered.
    Muyuan Co.
    , Ltd.
    said that the recent increase in the price of pigs, the company took the initiative to increase the amount of slaughter according to market demand, actively cooperate with the work of ensuring supply and stabilizing prices, and promote the stable operation of the pig market and price; New Hope also said that the company, as a leading breeding enterprise, will increase the number of pigs slaughtered around the holidays to ensure the stable supply of pigs, and the monthly slaughter volume in the fourth quarter is expected to continue to increase
    .
    vCx-,

    "The current hog price is indeed at the highest level since April 2021 and the highest level
    this year.
    " Zhu Zengyong said that this round of price increases is a recovery and seasonal increase
    in the context of reduced pig production capacity and increased breeding costs.
    From the end of the third quarter of last year to the beginning of the fourth quarter, the pig price was still at a low level, resulting in farmers reducing production capacity, which corresponds to the supply of
    commercial pigs 10-12 months later.
    However, on the whole, from the second half of this year, the number of pigs slaughtered is still showing an increasing trend, and it is expected that after November, with the release of large pigs and standard pigs, the current tight supply of pigs in the market will be significantly improved
    .
    vCx-,

    It is worth noting that the current tight supply balance in the pig market is largely due to the breeding end "covering but not selling"
    .
    Feng Yonghui, an analyst at the pig early warning network, said that before and after the National Day holiday, some pigs weighed more than 200 pounds and needed to be slaughtered, as a result, some farmers carried out secondary fattening, raising more than 300 pounds and still not selling
    .
    vCx-,

    In this regard, the National Development and Reform Commission also issued a document saying that the current pig price has been at a historically high level, and it is recommended that farms (households) maintain a normal slaughter rhythm, slaughter and fatten pigs according to the trend, do not blindly press the pen for sale, do not blindly carry out secondary fattening, and prevent the risk of
    market price fluctuations.
    vCx-,

    Hog prices at the end of October may be at a turning pointvCx-,

    At present, the profit of raising a pig has reached a year's high
    .
    According to the commodity analysis agency Zhuochuang information monitoring, the average profit of a self-breeding and self-raising pig in the country was 1641.
    87 yuan, up 119.
    48 yuan / head from the previous month; The average profit of piglets in secondary fattening was 1566.
    91 yuan/head, up 118.
    22 yuan/head
    from the previous month.
    vCx-,

    "Some farmers really want to wait until the price is higher
    .
    " A farmer in Nanyang, Henan Province told reporters frankly, "After the early loss test, everyone is indeed more sensitive to price, at present, the farmers around me have no idea of expanding production, taking advantage of the good market, can make money, everyone is at ease
    .
    " ”vCx-,

    In the fourth quarter, the supply of hogs in the hog market is likely to continue to increase
    .
    "From the data of August and September this year, the feed production of piglets and secondary fattening pigs has increased significantly from the previous month, and it is also higher than the same period
    last year.
    This also indicates that the pig inventory is more secure, after November, the supply of commercial pigs will be more abundant, and the rebound of this round of pig prices will also drive the continuous increase
    in the supply of piglets.
    Zhu Zengyong said
    .
    vCx-,

    Zhu Zengyong said: "Judging from the current situation of slaughtering at the breeding end, the price of live pigs has begun to loosen, and the turning point
    of the price may be reached at the end of October.
    At present, the pig market does belong to the peak consumption season, under the support of consumption power, pig prices are still at a high level, but the possibility of continuing to rise in the later stage is relatively small, and the overall trend is volatile and
    falling.
    vCx-,

    The Ministry of Agriculture and Rural Affairs also gave a judgment on the supply of pigs in the fourth quarter of this year: the current pig production and supply situation continues to improve, the number of capable sows is at a normal level, the number of pigs has increased for 5 consecutive months, the number of large pigs and the number of newborn piglets in large-scale pig farms are higher than the same period last year, and the later stage of the market is sufficient for fat pigs and the market supply is guaranteed
    .
    vCx-,

    ;
    ;

    Following the rise in hog prices, pork has also become
    more expensive.
    The reporter recently visited the Beijing market and found that the price of a kilogram of ribs is close to 50 yuan, and the price of pork belly and pork ridge per kilogram is in the range of
    20-40 yuan.
    At the same time, the reporter also noted that less than 20 yuan / kg of government reserve meat has been put on the shelves of major supermarkets, and listed pig companies have also increased the supply of
    pigs.
    In the eyes of industry insiders, the possibility of a subsequent increase in hog prices is relatively small, and the end of October is expected to usher in a turning point
    in prices.
    vCx-,

    In the Beijing market, the price of some ribs is close to 50 yuan / jin
    .
    vCx-,

    Reserve pork is released simultaneouslyvCx-,

    Reserve pork is released simultaneously

    Pork prices are again of concern
    .
    According to the monitoring of the National Development and Reform Commission, in the week of October 10-14, the average weekly retail price of lean meat in 36 large and medium-sized cities increased by more than 40% compared with the same period last year, which has entered the excessive increase level 1 warning range determined by the "Improving the Government's Pork Reserve Adjustment Mechanism to Ensure Supply and Stabilize Prices in the Pork Market"
    .
    vCx-,

    The reporter saw in many large supermarkets such as Xicheng District, Chaoyang District, and Fengtai District of Beijing that many consumers were a little anxious
    in the face of the current pork prices.
    Some consumers said that pork is priced one day at a time, like riding a roller coaster; Some consumers said that the New Year's Day and Spring Festival are getting closer and closer, and they are worried that the price of pork will continue to be high
    .
    vCx-,

    In order to increase the supply of pork in the market, the state recently released the sixth batch of central pork reserves this year, and guided all localities to increase efforts to synchronize the release of local government pork reserves
    .
    The reporter saw in the Carrefour supermarket in Shuangjing, Chaoyang District, Beijing, that the government reserve pork of less than 20 yuan per kilogram has been listed, of which the price of foreleg meat is only 15 yuan
    per kilogram.
    A Carrefour staff member said that this part of the pork is shipped very quickly, and it can be sold out
    in the morning or afternoon.
    vCx-,

    Zhu Zengyong, a researcher at the Beijing Institute of Animal Science and Veterinary Medicine of the Chinese Academy of Agricultural Sciences, told reporters that after the latest batch of government reserve meat, the trend of rising pork prices has slowed down, which has played a role in guiding the market to a certain extent
    .
    The release of six consecutive batches of reserve pork has released a benign signal to the market, prompting the breeding end to speed up the speed of
    pig slaughter.
    vCx-,

    There is no shortage of pigs on the marketvCx-,

    There is no shortage of pigs on the market

    Unlike the rise in pork prices in previous years, this time there is no shortage of pigs
    in the hog market.
    Even, in terms of supply, hogs are sufficient
    .
    vCx-,

    According to data from the National Bureau of Statistics, in the first three quarters of this year, 520.
    3 million pigs were slaughtered nationwide, an increase of 5.
    8%
    over the same period last year.
    The reporter sorted out the sales data of 14 listed pig companies in the first three quarters of this year and found that the total number of pigs slaughtered by 14 listed pig companies in the first three quarters exceeded 90 million
    .
    vCx-,

    Pig companies are also increasing the number of
    pigs slaughtered.
    Muyuan Co.
    , Ltd.
    said that the recent increase in the price of pigs, the company took the initiative to increase the amount of slaughter according to market demand, actively cooperate with the work of ensuring supply and stabilizing prices, and promote the stable operation of the pig market and price; New Hope also said that the company, as a leading breeding enterprise, will increase the number of pigs slaughtered around the holidays to ensure the stable supply of pigs, and the monthly slaughter volume in the fourth quarter is expected to continue to increase
    .
    vCx-,

    "The current hog price is indeed at the highest level since April 2021 and the highest level
    this year.
    " Zhu Zengyong said that this round of price increases is a recovery and seasonal increase
    in the context of reduced pig production capacity and increased breeding costs.
    From the end of the third quarter of last year to the beginning of the fourth quarter, the pig price was still at a low level, resulting in farmers reducing production capacity, which corresponds to the supply of
    commercial pigs 10-12 months later.
    However, on the whole, from the second half of this year, the number of pigs slaughtered is still showing an increasing trend, and it is expected that after November, with the release of large pigs and standard pigs, the current tight supply of pigs in the market will be significantly improved
    .
    vCx-,

    It is worth noting that the current tight supply balance in the pig market is largely due to the breeding end "covering but not selling"
    .
    Feng Yonghui, an analyst at the pig early warning network, said that before and after the National Day holiday, some pigs weighed more than 200 pounds and needed to be slaughtered, as a result, some farmers carried out secondary fattening, raising more than 300 pounds and still not selling
    .
    vCx-,

    In this regard, the National Development and Reform Commission also issued a document saying that the current pig price has been at a historically high level, and it is recommended that farms (households) maintain a normal slaughter rhythm, slaughter and fatten pigs according to the trend, do not blindly press the pen for sale, do not blindly carry out secondary fattening, and prevent the risk of
    market price fluctuations.
    vCx-,

    Hog prices at the end of October may be at a turning pointvCx-,

    Hog prices at the end of October may be at a turning point

    At present, the profit of raising a pig has reached a year's high
    .
    According to the commodity analysis agency Zhuochuang information monitoring, the average profit of a self-breeding and self-raising pig in the country was 1641.
    87 yuan, up 119.
    48 yuan / head from the previous month; The average profit of piglets in secondary fattening was 1566.
    91 yuan/head, up 118.
    22 yuan/head
    from the previous month.
    vCx-,

    "Some farmers really want to wait until the price is higher
    .
    " A farmer in Nanyang, Henan Province told reporters frankly, "After the early loss test, everyone is indeed more sensitive to price, at present, the farmers around me have no idea of expanding production, taking advantage of the good market, can make money, everyone is at ease
    .
    " ”vCx-,

    In the fourth quarter, the supply of hogs in the hog market is likely to continue to increase
    .
    "From the data of August and September this year, the feed production of piglets and secondary fattening pigs has increased significantly from the previous month, and it is also higher than the same period
    last year.
    This also indicates that the pig inventory is more secure, after November, the supply of commercial pigs will be more abundant, and the rebound of this round of pig prices will also drive the continuous increase
    in the supply of piglets.
    Zhu Zengyong said
    .
    vCx-,

    Zhu Zengyong said: "Judging from the current situation of slaughtering at the breeding end, the price of live pigs has begun to loosen, and the turning point
    of the price may be reached at the end of October.
    At present, the pig market does belong to the peak consumption season, under the support of consumption power, pig prices are still at a high level, but the possibility of continuing to rise in the later stage is relatively small, and the overall trend is volatile and
    falling.
    vCx-,

    The Ministry of Agriculture and Rural Affairs also gave a judgment on the supply of pigs in the fourth quarter of this year: the current pig production and supply situation continues to improve, the number of capable sows is at a normal level, the number of pigs has increased for 5 consecutive months, the number of large pigs and the number of newborn piglets in large-scale pig farms are higher than the same period last year, and the later stage of the market is sufficient for fat pigs and the market supply is guaranteed
    .
    vCx-,

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