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    Home > Active Ingredient News > Feed Industry News > Hog futures hit 24,150 yuan / ton, a new high in a year and a half, NDRC: pigs

    Hog futures hit 24,150 yuan / ton, a new high in a year and a half, NDRC: pigs

    • Last Update: 2022-10-20
    • Source: Internet
    • Author: User
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    ;

    According to the monitoring of the Ministry of Agriculture and Rural Affairs, from October 3 to October 9, 2022, the average purchase price of pigs in designated pig slaughtering enterprises above designated size nationwide was 25.
    74 yuan/kg, up 4.
    0% month-on-month and 102.
    4%
    year-on-year.
    The average ex-factory price of white strip meat was 32.
    82 yuan/kg, up 3.
    9% month-on-month and 88.
    3%
    year-on-year.
    LwW-,

    On the morning of October 12, the main contract of hog futures once exceeded 24,000 yuan / ton, reaching a maximum of 24,150 yuan, an increase of more than 2%.

    This is also the highest price
    of China's main hog futures contract in nearly a year and a half since May 2021.
    Previously, the National Development and Reform Commission said that the current China's pig production capacity is generally reasonable and sufficient, and pig prices do not have the basis for
    a sustained and substantial increase.
    At the same time, in order to effectively do a good job in ensuring supply and stabilizing prices in the pig market, the state will recently release the fifth batch of central pork reserves
    this year.
    LwW-,

    It is understood that the recent pig price has continued to run at a high level and has been at a historically high level
    .
    According to the monitoring data of the Ministry of Agriculture and Rural Affairs, as of 14:00 on October 11, the average price of pork in the national agricultural products wholesale market was 33.
    48 yuan / kg, up 0.
    8%
    from the previous day.
    At the same time, yesterday, the 200 index of China's agricultural products wholesale price was 128.
    65, up 0.
    54 points from the previous day, and the wholesale price index of "vegetable basket" products was 130.
    63, up 0.
    64 points
    from the previous day.
    LwW-,

    The National Development and Reform Commission said last week that the current pig production capacity in China is generally reasonable and sufficient, and the inventory of capable sows, newborn piglets and fattening pigs has rebounded for many consecutive months, and the pig price in the later stage does not have the basis for
    a sustained and substantial increase.
    It is recommended that farms (households) reasonably arrange production and operation decisions, grasp the rhythm of slaughtering, follow the trend to slaughter and fatten pigs, do not blindly press the slaughter and sell them, do not blindly carry out secondary fattening, and prevent the risk of
    market price fluctuations.
    LwW-,

    In order to effectively do a good job in ensuring supply and stabilizing prices in the pig market, the state will release the fifth batch of central pork reserves
    this year in the near future.
    The National Development and Reform Commission will work with relevant departments to pay close attention to the supply, demand and price situation of the pig market, continue to release the central pork reserve, further increase the release when necessary, and guide all localities to simultaneously release local government pork reserves
    .
    LwW-,

    ;
    ;

    According to the monitoring of the Ministry of Agriculture and Rural Affairs, from October 3 to October 9, 2022, the average purchase price of pigs in designated pig slaughtering enterprises above designated size nationwide was 25.
    74 yuan/kg, up 4.
    0% month-on-month and 102.
    4%
    year-on-year.
    The average ex-factory price of white strip meat was 32.
    82 yuan/kg, up 3.
    9% month-on-month and 88.
    3%
    year-on-year.
    LwW-,

    On the morning of October 12, the main contract of hog futures once exceeded 24,000 yuan / ton, reaching a maximum of 24,150 yuan, an increase of more than 2%.

    This is also the highest price
    of China's main hog futures contract in nearly a year and a half since May 2021.
    Previously, the National Development and Reform Commission said that the current China's pig production capacity is generally reasonable and sufficient, and pig prices do not have the basis for
    a sustained and substantial increase.
    At the same time, in order to effectively do a good job in ensuring supply and stabilizing prices in the pig market, the state will recently release the fifth batch of central pork reserves
    this year.
    LwW-,

    The main contract of hog futures once exceeded 24,000 yuan / ton, reaching a maximum of 24,150 yuan, an increase of more than 2%.

    This is also the highest price
    of China's main hog futures contract in nearly a year and a half since May 2021.

    It is understood that the recent pig price has continued to run at a high level and has been at a historically high level
    .
    According to the monitoring data of the Ministry of Agriculture and Rural Affairs, as of 14:00 on October 11, the average price of pork in the national agricultural products wholesale market was 33.
    48 yuan / kg, up 0.
    8%
    from the previous day.
    At the same time, yesterday, the 200 index of China's agricultural products wholesale price was 128.
    65, up 0.
    54 points from the previous day, and the wholesale price index of "vegetable basket" products was 130.
    63, up 0.
    64 points
    from the previous day.
    LwW-,

    The National Development and Reform Commission said last week that the current pig production capacity in China is generally reasonable and sufficient, and the inventory of capable sows, newborn piglets and fattening pigs has rebounded for many consecutive months, and the pig price in the later stage does not have the basis for
    a sustained and substantial increase.
    It is recommended that farms (households) reasonably arrange production and operation decisions, grasp the rhythm of slaughtering, follow the trend to slaughter and fatten pigs, do not blindly press the slaughter and sell them, do not blindly carry out secondary fattening, and prevent the risk of
    market price fluctuations.
    LwW-,

    In order to effectively do a good job in ensuring supply and stabilizing prices in the pig market, the state will release the fifth batch of central pork reserves
    this year in the near future.
    The National Development and Reform Commission will work with relevant departments to pay close attention to the supply, demand and price situation of the pig market, continue to release the central pork reserve, further increase the release when necessary, and guide all localities to simultaneously release local government pork reserves
    .
    LwW-,

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