Pork prices are cut in half!

Pork prices have continued to fall this year.

As the "Double Festival" approaches, the peak consumption season is coming

Wholesale pork prices fell 56% during the year

According to the wholesale price data of agricultural products disclosed by the Ministry of Agriculture and Rural Affairs, the national average pork wholesale price declined month by month during the year, from 46.

According to the latest monitoring by the Ministry of Agriculture and Rural Affairs, as of 14:00 on September 14, the average price of pork in the national agricultural product wholesale market was 20.

The monthly production and sales reports disclosed by the breeding companies also confirmed the trend of pork prices

Recently, five A-share "big pig farmers" Muyuan, Wen's, New Hope, Zhengbang Technology, and Tianbang shares announced August production and sales data, showing that the average sales price of commodity pigs fell in the same month as the previous month

Among them, "Pigmao" Muyuan shares sold 2.

The previous GEM market value, Wen's shares, also had a bleak performance.

Muyuan shares in the announcement reminded that the risk of price changes in the live pig market is a systematic risk of the entire live pig production industry, which is an objective and uncontrollable external risk for any live pig producer

Kaiyuan Securities released a research report analysis and pointed out that since August, due to the increase in the number of slaughter pigs, the elimination of inefficient sows, and the low price of frozen meat, the supply of pork in the market has increased.

CICC stated that although the holiday season is approaching and the superimposed policy of purchasing and storage will provide certain support to the pig price in the fourth quarter, this does not mean the end of the current cycle.

Guangzhou Futures believes that in view of the new round of purchasing and storage, short-term pig prices may be adjusted

Stable pig production and market supply

According to Ma Youxiang, Deputy Minister of Agriculture and Rural Affairs, at a press conference held recently, domestic pig production capacity has been fully restored.

Ma Youxiang said that with the Mid-Autumn Festival and National Day approaching, the consumption of agricultural products will usher in the traditional peak season

On September 14, the website of the Ministry of Agriculture and Rural Affairs announced its response to the recommendation No.

The Ministry of Agriculture and Rural Affairs stated that the implementation of monitoring and early warning is an important basic task for guiding the production of live pigs and regulating market supply

The Ministry of Agriculture and Rural Affairs stated that in the next step, it will work with relevant departments to guide all localities to implement the relevant requirements of the "Opinions" and promptly formulate a work plan for stabilizing the production capacity of pigs.
A long-term mechanism for stable production and supply of live pigs will be formed to prevent large fluctuations in live pig production capacity and promote the stable and healthy development of the live pig industry.
We will continue to increase support for large-scale pig breeding
.

However, in this reply, the Ministry of Agriculture and Rural Affairs believes that “it is not appropriate to implement at this stage” regarding the proposal made by the representative regarding the purchase of live pigs at a protective price
.

　　The explanation given by the Ministry of Agriculture and Rural Affairs is that at this stage, the scope of government pricing is mainly limited to important public utilities, public welfare services, and network-based natural monopoly links.
Others that can form prices from the market are given to the market to give full play to the market’s role in resource allocation.
The decisive role
.
At present, the prices of most agricultural and sideline products in China have been fully liberalized.
Market liberalization has played a fundamental role in promoting the development of the pig industry.
The government should no longer intervene to protect prices
.
At the same time, the production costs of live pigs vary greatly from place to place, it is difficult to unify the quality standards, and it is difficult to grasp the purchase price and subsidy standards
.