Late-stage hog prices may have downside risks

According to the official WeChat public account of the National Development and Reform Commission, recently, the Price Department of the National Development and Reform Commission organized some industry experts to analyze and judge
the recent supply, demand and price situation of the pig market.
Experts suggest that the current pig price has been in the excessive rise range, the risk of price fluctuation has increased significantly, it is recommended that farmers follow the trend to slaughter fattening pigs, timely "bag for safety", to avoid the risk of
price fluctuations.

Experts pointed out that from the historical data, excluding the very special years in which pig production capacity was seriously impacted in 2019~2020, the highest average price of pigs in the previous "pig cycle" before 2019 was about 21 yuan per kilogram, even considering the cost rise in recent years, the current price is already at an excessive level
.

Experts believe that the recent significant increase in pig prices is an important reason why some farmers have irrationally over-pressed pen sales and secondary fattening behaviors in order to game the market after the game
, which has reduced market supply.
At present, the number of domestic sows, newborn piglets and fattening pigs has risen for many months, and there is no shortage of pigs overall, once the pen pressing and secondary fattening pigs are concentrated in the slaughter, the pig price may fall
rapidly in stages.