Increased by over 50% in less than one month!

After entering October, the price of pigs has skyrocketed, and the market continues to hit new highs in stages, and the increase in pig prices has also shown an intensified trend

It is understood that the national live pig price in June this year was 16.

"This wave of pig price increases was initially initiated mainly because the country launched the second round of central reserve meat purchasing and storage on October 10.

Wu Chen , a researcher at Zhongrong Huixin Futures, told reporters that at the current situation where the supply of large pigs is in short supply, the price of pigs has risen, and the breeding end has risen to the price

Green Dahua Futures Live Pig Analyst Zhang Xiaojun said that , on the one hand, as the weather in the north turns cold, some areas have been cured in advance, terminal consumption has picked up, and the slaughter volume has continued to rise

“It’s worth mentioning that the pressure on the fence, the second fattening and some salted enemas were advanced, some of the consumption was advanced, and the supply pressure was shifted later, which overdrafted part of the increase in December

"In addition, customs data shows that China imported 3.

Wu Chen said that because the farm is currently optimistic about the big pig price in the fourth quarter, there is a phenomenon of partial pressure on the slaughter, reducing the number of slaughters and adjusting the average weight of subsequent slaughters.

Yang Xiaoqing , Zhongzhou Futures' Live Pig Division, stated that due to the capital market bottoming out ahead of schedule, the price of live pig futures stabilized first, and the linkage between stocks and futures changed the attitude of investors.

Zhang Xiaojun believes that, from the perspective of futures, the logic of the basis for trading of near-month contracts and the logic of reducing capacity for far-month contracts

It is understood that the national live pig price in June this year was 16.

"This wave of pig price increases was initially initiated mainly because the country launched the second round of central reserve meat purchasing and storage on October 10.

Wu Chen , a researcher at Zhongrong Huixin Futures, told reporters that at the current situation where the supply of large pigs is in short supply, the price of pigs has risen, and the breeding end has risen to the price

Green Dahua Futures Live Pig Analyst Zhang Xiaojun said that , on the one hand, as the weather in the north turns cold, some areas have been cured in advance, terminal consumption has picked up, and the slaughter volume has continued to rise

“It’s worth mentioning that the pressure on the fence, the second fattening and some salted enemas were advanced, some of the consumption was advanced, and the supply pressure was shifted later, which overdrafted part of the increase in December

"In addition, customs data shows that China imported 3.
14 million tons of pork from January to September
.
Due to the high import cost of frozen products, domestic pig prices continued to fall, frozen products suffered serious losses, traders’ funds were under pressure, and domestic frozen product inventories were still relatively high.
High level
.
It is understood that there are still nearly 4 million tons of frozen product stocks waiting to be consumed across the country.
The continued price rebound is also a favorable opportunity for frozen product shipments.
As frozen products continue to sell off, it will put pressure on pig prices to a certain extent
.
" Zhang Xiaojun added Say
.
cy8 China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Wu Chen said that because the farm is currently optimistic about the big pig price in the fourth quarter, there is a phenomenon of partial pressure on the slaughter, reducing the number of slaughters and adjusting the average weight of subsequent slaughters.
Therefore, it is expected that the price of pigs will continue to be strong
.
Although the fourth quarter ushered in a rebound, the most optimistic situation for the cyclical reversal of pig prices is still after May next year.
The market is generally not optimistic about the pig price in the first half of next year.
The key lies in whether there is any piglet killing in the fourth quarter of this year.
It will affect the supply of live pigs in the first half of next year and needs continuous observation
.
cy8 China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Yang Xiaoqing , Zhongzhou Futures' Live Pig Division, stated that due to the capital market bottoming out ahead of schedule, the price of live pig futures stabilized first, and the linkage between stocks and futures changed the attitude of investors.

.
At present, the national stock of reproductive sows is still close to 110% of the normal stock.
The structure of reproductive sows is optimized and the reproductive efficiency is improved.
In the future, the relative oversupply of live pigs will continue for some time.
It is recommended that farmers pay more attention to the price of live pig futures.
We should look at the market rationally, adjust the structure in a timely manner, and follow the trend as planned
.
cy8 China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Zhang Xiaojun believes that, from the perspective of futures, the logic of the basis for trading of near-month contracts and the logic of reducing capacity for far-month contracts
.
The 2111 contract is approaching the delivery month and runs close to the spot; the 2201 contract runs around the basis, more watch less moves, the upper pressure is 16700-18000 yuan/ton; the 2203 contract is short at rallies, the upper pressure is 15700-16000 yuan/ton; after 2205, the contract will wait and see Mainly, wait for the trend to become clear
.
cy8 China Feed Industry Information Network-Based on feed, serving animal husbandry