Many leading pig companies are "unfinished" on pig farms!

The latest data released by the Ministry of Agriculture and Rural Affairs shows that since mid-October, pork prices have seen a shock and rebound.

Yiyang, Hunan: Difficult to ship piglets in eight months, price drop by 90%

The price downward cycle has not yet ended, and for pig farmers, it is not yet time to replenish piglets

In Yiyang, Hunan, piglet farmer Zhang Rongguo ushered in its first business in three months

Zhang Rongguo, a piglet breeder in Yiyang City, Hunan Province: The price fluctuates from the sky to the underground.

Zhang Rongguo told reporters that although the current pig price has rebounded to a certain extent, the market outlook is still unclear

Wu Haixiang, a pig breeder in Yiyang City, Hunan Province: This truck of piglets is just a gamble on next year's market, and they dare not do more

Hunan: Many leading pig companies' pig farms have "broken tails" and farmers have cleared their stalls and left the farm

Not only are retail investors clearing the market, but even some large-scale farms have also been unfinished

Feng Liang told reporters that since the beginning of this year, there have been at least dozens of such unfinished pig farm projects in Hunan

Industry insiders: the inflection point has not yet come due to increased volatility in pig prices

The reporter learned that in September, the loss of pig farms across the country reached 76.

Xia Chenfeng, an analyst for the rural credit interconnected pig industry: At the end of September, the stock of reproductive sows increased by 16.

Industry insiders said that since July, the number of reproductive sows in the country has ended its growth momentum, and has decreased for three consecutive months.

Kong Liang, deputy director of the Animal Husbandry and Veterinary Bureau of the Ministry of Agriculture and Rural Affairs: In the next step, in order to accelerate pig breeding out of the predicament and prevent major fluctuations in pig production and supply, our ministry will implement local tiered control responsibilities in accordance with the requirements of the production capacity control plan, and focus on doing a good job.

In addition, industry insiders reminded that in the face of possible low price fluctuations of pigs in the later period, the breeding entities must adjust the stock structure and reduce the stock appropriately

Xia Chenfeng, an analyst for the rural credit interconnected pig industry: For farmers, the two most critical points to reduce losses across the cycle in the future are to control the flow of funds and reduce costs and increase efficiency