The "Rocket Pig" reappeared, the spot price rose to the beginning of the "8" and rose by one piece a day, and the futures hit the daily limit.

In the spot market , after nearly 5 months of continuous downturn, the "Rocket Pig" was born again

 Zp8 China Feed Industry Information Network-Based on feed, serving animal husbandry

In the futures market, on October 25, the domestic futures market was mixed.

Zp8 China Feed Industry Information Network-Based on feed, serving animal husbandry

According to the information center of the Ministry of Agriculture and Rural Affairs , the reason for the recent increase in pork prices is that as the weather turns cooler, the price of pork is low, and many places are cured in advance and sausages.

After the recent surge in pig prices, some consumers worry that pork prices will rise sharply again in the coming year, and they have begun to make sausages, and there is also a small demand for bacon production

Lin Guofa , research director of Breck·Agricultural Commodity Shopping Network, believes that the increase in pig prices is mainly due to the large decline in the previous period, and farmers and enterprises are speeding up the elimination of inefficient production capacity

Kong Hailan , a pig analyst at Everbright Futures , said that this wave of pig price increases initially started mainly because the country launched the second round of central reserve meat purchasing and storage on October 10, and the purchasing and storage prices and trading volume exceeded market expectations

Yang Xiaoqing , Zhongzhou Futures' Live Pig Division, stated that due to the capital market bottoming out ahead of schedule, the price of live pig futures stabilized first, and the linkage between stocks and futures changed the attitude of investors.

Liang Zhonghua , chief macro analyst at Haitong Securities , believes that the recent rise in live pig prices may not be sustainable, because China's live pig supply is expected to remain high from the fourth quarter of this year to the first quarter of next year, even if consumer demand improves with the arrival of winter.

Wu Chen , a researcher at Zhongrong Huixin Futures, said that with the current supply of large pigs in short supply, the price of pigs has risen, and the breeding end has risen in price-holding mentality

In the futures market, on October 25, the domestic futures market was mixed.

Zp8 China Feed Industry Information Network-Based on feed, serving animal husbandry

According to the information center of the Ministry of Agriculture and Rural Affairs , the reason for the recent increase in pork prices is that as the weather turns cooler, the price of pork is low, and many places are cured in advance and sausages.

After the recent surge in pig prices, some consumers worry that pork prices will rise sharply again in the coming year, and they have begun to make sausages, and there is also a small demand for bacon production

Lin Guofa , research director of Breck·Agricultural Commodity Shopping Network, believes that the increase in pig prices is mainly due to the large decline in the previous period, and farmers and enterprises are speeding up the elimination of inefficient production capacity

Kong Hailan , a pig analyst at Everbright Futures , said that this wave of pig price increases initially started mainly because the country launched the second round of central reserve meat purchasing and storage on October 10, and the purchasing and storage prices and trading volume exceeded market expectations

Yang Xiaoqing , Zhongzhou Futures' Live Pig Division, stated that due to the capital market bottoming out ahead of schedule, the price of live pig futures stabilized first, and the linkage between stocks and futures changed the attitude of investors.

.
At present, the national stock of reproductive sows is still close to 110% of the normal stock.
The structure of reproductive sows is optimized and the reproductive efficiency is improved.
In the future, the relative oversupply of live pigs will continue for some time.
It is recommended that farmers pay more attention to the price of live pig futures.
We should look at the market rationally, adjust the structure in a timely manner, and follow the trend as planned
.
Zp8 China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Liang Zhonghua , chief macro analyst at Haitong Securities , believes that the recent rise in live pig prices may not be sustainable, because China's live pig supply is expected to remain high from the fourth quarter of this year to the first quarter of next year, even if consumer demand improves with the arrival of winter.
It is also difficult to reverse the general trend that supply is significantly stronger than demand, and it is difficult for pig prices to change from the downturn
.
The short-term recovery is mainly driven by the development of purchasing and storage work.
Coupled with the arrival of the peak consumption season, the pig price continues to fall in the fourth quarter with limited space
.
Zp8 China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Wu Chen , a researcher at Zhongrong Huixin Futures, said that with the current supply of large pigs in short supply, the price of pigs has risen, and the breeding end has risen in price-holding mentality
.
From the perspective of farming profits, the entire industry still suffers substantial losses
.
However, as the price of pigs rebounded, losses were reduced.
The average weekly profit of self-reproduction and self-raising was -208.
44 yuan/head, an increase of 271.
75 yuan/head from the previous week
.
Before June, the outsourcing piglets made a profit of -1061.
3 yuan/head at the current pig price, an increase of 361.
75 yuan/head from the previous week
.
Zp8 China Feed Industry Information Network-Based on feed, serving animal husbandry