Raising a pig can earn up to 1,000 yuan. This round of live pig prices can...

Every June to August should be the off-season for live pig sales, but this year, the off-season is not short

Listed pig companies reduce the volume and increase the price

In July this year, the sales of live pigs of most listed pig companies fell

Zhang Bin, a pig analyst at the Agricultural Products Division of Shanghai Ganglian, told a reporter from China Business Daily that from the supply side, affected by the overall de-capacity level of the industry in September and October 2021, the supply of live pigs will theoretically be tight after 10 months

At present, the profit of pig farming has reached the highest point in the year

Faced with rising pig prices, listed pig companies may breathe a sigh of relief in terms of income

Industry or more rational

Zhu Zengyong, chief analyst for monitoring and early warning of the whole pork industry chain of the Ministry of Agriculture and Rural Affairs, told a reporter from China Business Daily that the current cycle has changed significantly compared with the cycles of previous years, and the current rebound of live pigs should be viewed rationally

The relevant person in charge of the marketing department of a domestic listed pig company admitted to reporters that from the perspective of the company, the rise is normal, but the rise in this round has exceeded expectations

Zhengbang Technology said that in July this year, the company's changes in the number of live pigs sold and sales revenue were mainly due to the company's reduction in production capacity

New Hope said frankly: "We believe that the price of pigs of 22 yuan/kg to 23 yuan/kg is already very high, and it is very unexpected for the price of live pigs in some areas to reach 25 yuan/kg in early July

According to data from Shanghai Iron and Steel Federation-My Agricultural Products Network, in August, the pig farms of large-scale enterprises increased slightly by 3.

Pig prices may fall in the third quarter

Zhuochuang Information analyst Wang Yanan believes that the demand for live pigs may be low in August, and traditional festivals and customs have a weak effect on the market

Zhang Bin said that in the short-term, the supply of large-weight live pigs has decreased, and the phased tight supply in August is still or continued, which still supports prices.

"If we look at the current average cost of 17 yuan/kg in the industry, the price of pork between 27 yuan/kg and 28 yuan/kg can basically reach a balance, if the price per kilogram exceeds 28 yuan, especially if it reaches more than 30 yuan