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    Home > Active Ingredient News > Feed Industry News > Pork prices have fallen for seven consecutive weeks, and by the end of the year pork consumption season prices

    Pork prices have fallen for seven consecutive weeks, and by the end of the year pork consumption season prices

    • Last Update: 2020-11-01
    • Source: Internet
    • Author: User
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    In the market-driven and policy-driven, since this year, the country's pig production continued to recover, pig farm households to supplement the column to increase the enthusiasm is very high.
    According to the Ministry of Agriculture and Rural Affairs monitoring, by September this year can breed sow storage column has been 12 consecutive months of growth, pig storage column also increased for 8 consecutive months, especially in June and July this year, can breed sows and pig storage column has achieved year-on-year growth, which is two important time inflection point for pig production recovery.
    's growth in August and September expanded further, with sows increasing by 28% year-on-year at the end of September and pig storage up 20.7% year-on-year, and in line with this trend, we are confident that we can achieve the goal of basically restoring pig production capacity to near-yearly levels throughout the year.
    this year, with the resumption of pig production, the pork market as a whole showed an improvement in supply, price oscillations fell back.
    from a production point of view, since March this year, pig out of the column for seven consecutive months month-on-month growth, indicating that the previous period of new production capacity is being released, capacity is becoming production.
    same time, imports of pork also increased, with imports of 3.286 million tonnes in January-September, up 132.2% year-on-year, a trend confirmed by market prices.
    February, pork market prices have generally shown an oscillating downward trend, especially since September, pork prices have been falling for seven consecutive weeks, there is no common rise in pork prices during the Mid-Autumn National Day in previous years.
    price of pork at the national market last week has fallen back to 50.56 yuan per kilogram, more than nine yuan lower than the highest price in mid-February.
    the pork supply situation will get better and better in the coming period.
    Recently, we organized expert analysis and calculation, taking into account the recovery of pig production, pork imports, changes in consumer demand and other factors, next year's New Year's Day Spring Festival, the supply of pork will increase by about 30% YoY, the price will be lower than the same period last year, there will be no sharp price increases, can protect the people's bowls during the New Year there is no shortage of meat.
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