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Every AI newsletter, CICC believes that this round of pig price rebound is supported by certain fundamentals
.
The trend that the supply of live pigs exceeds the demand is difficult to change in a short time.
The main reasons: First, the current absolute number of reproductive sows is still large, and production is still increasing inertially.
At the same time, the reproductive capacity of binary sows is significantly higher than that of ternary sows, and it is difficult to quickly alleviate the pressure on short-term piglet supply;SGw China Feed Industry Information Network-Based on feed, serving animal husbandry
Second, in the fourth quarter, large-scale pig companies may continue to increase the amount of slaughter, thereby limiting the room for rising pig prices;SGw China Feed Industry Information Network-Based on feed, serving animal husbandry
Third, there are still some partial repetitions of the epidemic in China, and the seasonal rebound in consumer demand under the prevention and control policy cannot offset the continuous release of pressure on the supply side
.
Looking ahead, after the holiday effect, the supply-side pressure may restart, and the price of live pigs will likely continue to fall.
Every AI newsletter, CICC believes that this round of pig price rebound is supported by certain fundamentals
.
The trend that the supply of live pigs exceeds the demand is difficult to change in a short time.
The main reasons: First, the current absolute number of reproductive sows is still large, and production is still increasing inertially.
At the same time, the reproductive capacity of binary sows is significantly higher than that of ternary sows, and it is difficult to quickly alleviate the pressure on short-term piglet supply;SGw China Feed Industry Information Network-Based on feed, serving animal husbandry
Second, in the fourth quarter, large-scale pig companies may continue to increase the amount of slaughter, thereby limiting the room for rising pig prices;SGw China Feed Industry Information Network-Based on feed, serving animal husbandry
Third, there are still some partial repetitions of the epidemic in China, and the seasonal rebound in consumer demand under the prevention and control policy cannot offset the continuous release of pressure on the supply side
.
Looking ahead, after the holiday effect, the supply-side pressure may restart, and the price of live pigs will likely continue to fall.
