In March, the price of live pigs fell significantly year-on-year

Recently, many listed breeding companies such as Muyuan, Wen's, New Hope, Zhengbang Technology, Jinxinnong, and Aonong Biotechnology have released relevant data on live pig sales in March.

In this regard, Li Jing, an analyst at Zhuo Chuang Information, introduced in an interview with reporters that it is predicted that the breeding enterprises will be in a state of "profit first and loss later" throughout the year.

Pig price decline has accelerated in the past two monthsmUd China Feed Industry Information Network-Based on feed, serving animal husbandry

The highest average price of ternary pigs nationwide and abroad this week was 24.

As of this weekend, with the exception of Hainan Province, the average daily price of all provinces across the country has fallen below 23 yuan/kg.

It is worth noting that farmers who purchase piglets are already at a loss, but the digestion of fat pigs still takes some time.

Li Jing introduced that in the past two months, the price of live pigs has fallen significantly faster.

According to Li Jing, the national policy has provided support to aquaculture companies before, and production capacity is in a stage of rapid recovery.

Zhu Danpeng told reporters that he had previously predicted that in the fourth quarter of 2020, the entire pig cycle will enter a normalized node, and it seems that in the first quarter of this year, China's pork price has returned to a reasonable and rational range.

　　Self-reproduction and self-support approaching the cost linemUd China Feed Industry Information Network-Based on feed, serving animal husbandry

　　According to the analysis of the Zhongyuan Securities Research Report, the price of pigs and grains further dropped to 9.

　　"From the second quarter of 2019 to the fourth quarter of 2020, the policy has supported very large pig-raising enterprises, which has played a role in the restoration of the pig cycle, the normalization of stocks, and the settlement of the contradiction between supply and demand.

　　Judging from the situation of the whole year of this year, Li Jing believes that the current market has not fully digested the fattening pigs previously sold, and the price cannot be said to stop falling.

　　Li Jing further introduced to reporters that at present, the average price of breeding pigs nationwide is around 10 yuan/kg to 11 yuan/kg, while the cost line of self-breeding and self-raising pigs is 7 yuan/kg to 10 yuan/kg.

　　Pig price decline has accelerated in the past two monthsmUd China Feed Industry Information Network-Based on feed, serving animal husbandry

　　The highest average price of ternary pigs nationwide and abroad this week was 24.

　　As of this weekend, with the exception of Hainan Province, the average daily price of all provinces across the country has fallen below 23 yuan/kg.

　　It is worth noting that farmers who purchase piglets are already at a loss, but the digestion of fat pigs still takes some time.
At present, both the supply and demand sides are in a negative state.
It is expected that the price of pigs will still decline in the short term, but the decline will gradually slow down.
After the northern region falls below "10 yuan", there is a mentality to carry the price locally, and the pigs are eager to sell slaughter.
Has fallen, and the local market will fluctuate.
mUd China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Li Jing introduced that in the past two months, the price of live pigs has fallen significantly faster.
"From the perspective of supply and demand, the supply will increase after the year and the demand will not be strong.
According to the data we observe, in the last two months, The national live pig price has dropped by nearly 10 yuan/kg.
"mUd China Feed Industry Information Network-Based on feed, serving animal husbandry

　　According to Li Jing, the national policy has provided support to aquaculture companies before, and production capacity is in a stage of rapid recovery.
With the release of production capacity, the industry has entered a production capacity cashing period, and prices have been in a downward path.
In the past two months, the price of live pigs has fallen sharply, which is also related to the concentrated production of large fat pigs.
“The market demand is generally concentrated on live pigs of 110 kg to 130 kg.
At present, a batch of live pigs fattened to more than 140 kg have been released for slaughter.
, There has been a period of oversupply.
"mUd China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Zhu Danpeng told reporters that he had previously predicted that in the fourth quarter of 2020, the entire pig cycle will enter a normalized node, and it seems that in the first quarter of this year, China's pork price has returned to a reasonable and rational range.
"This is due to the fact that the development of the'pig cycle' has entered a normal stage, and the more critical factor is that the country has introduced many measures to stabilize prices.
Taken together, the overall trend of pork prices in the first half of the year will be relatively stable.
" mUd China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Self-reproduction and self-support approaching the cost linemUd China Feed Industry Information Network-Based on feed, serving animal husbandry

　　According to the analysis of the Zhongyuan Securities Research Report, the price of pigs and grains further dropped to 9.
12; the prices of piglets and binary sows peaked, ending the rising market for several consecutive weeks.
However, the current market demand for pork consumption is still relatively sluggish, and slaughter companies have low willingness to raise prices.
The Ching Ming holiday has not boosted the market.
"Since New Year's Day this year, the price of pigs has fallen by 34.
8%.
Live on April 1st.
The transportation of pigs is gradually restricted, and the transportation of pigs from the north to the south has decreased.
This has aggravated the pessimism of northern farmers and superimposed slaughter companies to lower prices, leading to an increase in decline.
mUd China Feed Industry Information Network-Based on feed, serving animal husbandry

　　"From the second quarter of 2019 to the fourth quarter of 2020, the policy has supported very large pig-raising enterprises, which has played a role in the restoration of the pig cycle, the normalization of stocks, and the settlement of the contradiction between supply and demand.
On the whole, there will be no major changes in future prices, and it will be very stable.
" Zhu Danpeng told reporters.
mUd China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Judging from the situation of the whole year of this year, Li Jing believes that the current market has not fully digested the fattening pigs previously sold, and the price cannot be said to stop falling.
The cost line of self-support is near.
"mUd China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Li Jing further introduced to reporters that at present, the average price of breeding pigs nationwide is around 10 yuan/kg to 11 yuan/kg, while the cost line of self-breeding and self-raising pigs is 7 yuan/kg to 10 yuan/kg.
Entering the cost of self-reproduction and self-raising, the rate of decline in live pig prices will slow down.
On the whole, it is predicted that the breeding enterprises will be in a state of'profit first and then loss' throughout the year.
However, the company is also aware of this.
This phenomenon, we have observed that some aquaculture companies extend to the downstream of the industrial chain, through various actions to reduce the cost of aquaculture, to balance operating risks.
mUd China Feed Industry Information Network-Based on feed, serving animal husbandry