New changes in the pig cycle

The overall narrowing of price fluctuations is a new change in the new round of pig cycles

Monitoring data released by the Ministry of Agriculture and Rural Affairs shows that on August 29, the average price of pork in the national agricultural wholesale market was 29.

Since June 2002, the price of live pigs in China has gone through five complete cycles

Zhu Zengyong, a researcher at the Beijing Institute of Animal Husbandry and Veterinary Medicine of the Chinese Academy of Agricultural Sciences, told reporters that the previous 19-month drop in pig prices was mainly due to overcapacity

The Ministry of Agriculture and Rural Affairs' "Implementation Plan for the Control of Live Pig Production Capacity (Interim)" clarifies that during the "14th Five-Year Plan" period, the production data of the national pork production in normal years when the output is 55 million tons is used as a reference, and the normal number of reproductive sows is set to be stable at About 41 million heads

From the perspective of live pig supply, since the beginning of this year, the national live pig inventory has gradually declined from a high level

The number of reproductive sows has been reduced to around the normal level, and the supply of live pigs is relatively abundant, which makes the supply and demand of pork enter a stalemate stage, which drives the price of pigs to fluctuate within a narrow range

Zhu Zengyong said that the price fluctuation of the new round of pig cycle has generally narrowed, thanks to the early intervention of the pig price stabilization policy

The current high prices of international bulk commodities have greatly increased the cost of feed for pig breeding.