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The hog market is showing signs of "recovery", and both spot and futures prices have risen to the highest point in stages
There appear to be signs of recovery
In recent days, the hog market seems to be showing several signs of "recovery"
"The increase this time has exceeded the expectations of the industry
Li Ming, a pig analyst at the Agricultural Products Division of Shanghai Ganglian, believes that from the perspective of supply, the new crown pneumonia epidemic has a certain impact on transportation.
The current increase in live pig prices has also given "a sigh of relief" to the loss-making farms
It is too early to open the upward channel
The pig market is showing signs of recovery, and the industry has speculated that the second quarter of this year may be the starting point of a new round of pig cycles
The short-term rebound in live pig prices is still difficult to explain the opening of a new round of "upward channel"
At the press conference on the operation of the agricultural and rural economy in the first quarter held on April 20, Yang Zhenhai, director of the Animal Husbandry and Veterinary Bureau of the Ministry of Agriculture and Rural Affairs, said that the price of live pigs generally declined in the first quarter
Yang Zhenhai said that according to the forecast of the expert team, with the continuous accumulation of favorable factors such as the high number of newborn piglets and the high drop in feed costs, pig farming is expected to turn losses into profits in the third quarter, but uncertainties still exist.
Acceleration of production capacity de-ization
Judging from the production situation, China's pig production has returned to the normal level in 2021.
According to Yang Zhenhai, 195.
It is worth noting that listed pig companies have not slowed down the rhythm of slaughtering live pigs
"In 2021, the high level of breeding sows will lead to a continuous increase in the supply of live pigs, and the low price of live pigs for a long time will cause the breeding side to face losses and greater financial and psychological pressure
Medium-sized aquaculture enterprises without cost and capital advantages may face greater survival pressure