Hog prices rebound in the mid-term or maintain a weak operation

Recently, the price of live pigs has begun to rebound after experiencing a continuous decline

In terms of spot goods, the bulk commodity consulting agency Baichuan Yingfu said that on September 28, the price of live pigs rose slightly, market consumption increased slightly, and prices in some areas rebounded briefly, and enterprises and farmers were more enthusiastic about slaughtering

According to the news, according to the monitoring of the National Development and Reform Commission, during the week of September 20-24, the national average pig-to-food ratio was 4.

Regarding the slaughter situation in the second half of the year, Wen's shares stated that the company’s target for slaughter pigs (including wool pigs and fresh products) this year is about 11-12 million.

Dongxing Futures believes that in the short-term, the supply of live pigs is sufficient, boosted by news of purchasing and storage, and entering the peak season of seasonal demand for pork, the price of pigs may be boosted to a certain extent; Before the first quarter, the supply of live pigs is still sufficient, and the price of pigs may remain weak