echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Active Ingredient News > Feed Industry News > In half a year, the price of pigs has been "halved", pig companies have "fallen in volume and price", and farmers have dumped "big fat pigs"

    In half a year, the price of pigs has been "halved", pig companies have "fallen in volume and price", and farmers have dumped "big fat pigs"

    • Last Update: 2021-06-17
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

      According to statistics from China's feed industry information network Huitong, the average price of foreign three yuan has fallen below 16 yuan/kg so far.
    Compared with the high level of nearly 35 yuan/kg at the beginning of the year, the decline has exceeded 50% in just six months.
    It's not just "cut in the middle"

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

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

      The volume of live pigs for slaughter increased sharply, and many listed pig companies "quantity and price fell.
    "
    YEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

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

      Looking at the news of listed pig companies, as of now, 11 companies including Muyuan, Zhengbang, Wenshi, New Hope Liuhe, Tang Renshen, and Tianbang have successively announced their May sales briefs.
    As can be seen from the figure below, 9 pig companies have 5 Compared with the same period last year, the monthly sales of live pigs have all increased positively.
    In particular, the sales of Muyuan, Dabeinong and Tang Renshen have all doubled, Aonong has nearly doubled, and Zhengbang has more than tripled.
    At the same time,
    Zhengbang's May data has also been increased.
    Three new records were created
    .
    First, the monthly sales volume of live pigs was the highest, second, the monthly sales of commercial pigs broke 1 million heads for the first time, and the third was the record-breaking sales of commercial fat pigs (up to 140.
    52 kg/head)

    .
    Judging from the month-on-month sales volume in April, Muyuan, New Hope Liuhe and Jinxinnong all have different "brakes" in Chengdu
    .
    YEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

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

      From the average price of pigs sold by pig companies, it can also be seen that, with the exception of Tianbang, the average price in May fell by more than 15% from the previous month, and compared with the same period last year, the decline has expanded to 30-40%
    .
    YEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

      The price of pigs fell below 7 yuan, and the wave of fat pig selling hitsYEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

      "The slaughter companies in some northern regions have begun to reject commercial pigs over 280 kilograms
    .
    " A farmer in Hebei told a reporter from the Securities Times that the price of pork is now a vicious circle.
    There has never been an upward momentum

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

      Due to the continued decline in the market, the price of pigs has completely fallen below the cost of raising pigs.
    Under the panic of farmers, a large number of live pigs flooded into the market, which undoubtedly increased the pressure of slaughter and sales of pigs

    .
    Many retail terminal distributors report that the current wholesale price of pork can be said to have fallen to a new low in the past two years, and has basically fallen to the pre-African swine fever price level

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

      According to the deduction of statistics from the Huitong Data Research Department, as of the 23rd week, the country’s crude fattening pigs lost 77 yuan/head, the first loss since March 2019, and the farmers who purchased piglet fattening and secondary fattening have already Deep loss
    .
    YEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

      The number of hog futures delivery warehouses increased to 15YEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

      In the futures market, in order to incorporate more breeding companies into the hog futures delivery warehouse system and expand the scope of the hog futures service industry, DCE added Jiangsu Lihua, Xinxin Animal Husbandry and other companies as hog futures delivery warehouses on June 9
    .
    So far, the number of designated delivery warehouses for pig futures has increased to 15, including 10 group delivery warehouses and 5 non-group delivery warehouses

    .
    The number of delivery sites for hog futures has increased to 19, in addition to 5 non-group delivery warehouses, it also includes 14 branch warehouses under 10 group delivery warehouses

    .
    After this adjustment, the maximum amount of standard warehouse receipts for hog futures can reach 27,000 tons, an increase of 20.
    43% compared to before the adjustment

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

      Founder's mid-term futures research report believes that the addition of pig delivery warehouses this time will bring more breeding companies into the pig futures delivery warehouse system, expand the scope of the pig futures service industry, and provide more convenience for companies to participate in futures trading and delivery
    .
    At the same time, a larger amount available for delivery is also conducive to ensuring the smooth operation of hog futures trading and delivery

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

      When will the "turning point" come? How will the future pig price trend?YEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

      Muyuan believes that the recovery of live pig production capacity will bring down the price of live pigs.
    Although the price may rebound seasonally in the future, the price of live pigs is generally on a downward trend.
    It
    is expected that the live pig industry will reach the bottom in 2022 or 2023
    .
    The company needs to improve talent management and capital reserves to prepare for the winter of the industry

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

      Regarding the trend of live pig sales, the Dongxing Securities Research Report pointed out that short-term pig prices will fluctuate at the bottom.
    With the advent of the peak consumption season and the repeated impact of the African swine fever epidemic in the winter of 2020 on the production capacity of pigs,
    pig prices are expected to rise from June to July.
    Come rebound

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

      Bi Hui, a senior researcher at Baocheng Futures , pointed out that after a short-term panic decline in pig prices, the overall decline will slow down, and in the mid to late second quarter , the futures and spot prices of live pigs may usher in synchronization.
    Sexual rebound, but the height of the rebound may be more limited

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

      Regarding the future trend of pig prices, Green Dahua Futures believes that the phased supply and demand easing may continue until mid-June.
    With the support of phased supply pressure and the
    cost of self-reproduction and self-support, the decline in spot pig prices is limited, and the recent fluctuations Mainly

    .
    At the end of the month, there is a high probability of fulfilling the expected rebound, and the phased price inflection point may appear

    .
    Tianfeng Securities said that the supply gap caused by the recurrence of the winter hog epidemic may be
    reflected in the end of the second quarter and the beginning of the third quarter.
    At
    that time, the pig price is expected to rebound and the pig price turning point is approaching.
    The focus will be on the fulfilment of listed companies' slaughter volume and cost improvement

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


      According to statistics from China's feed industry information network Huitong, the average price of foreign three yuan has fallen below 16 yuan/kg so far.
    Compared with the high level of nearly 35 yuan/kg at the beginning of the year, the decline has exceeded 50% in just six months.
    It's not just "cut in the middle"

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

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

      The volume of live pigs for slaughter increased sharply, and many listed pig companies "quantity and price fell.
    "
    YEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

    The volume of slaughter pigs increased sharply, and many listed pig companies "both volume and price fell".
    The
    volume of slaughter pigs increased sharply , and many listed pig companies "both volume and price fell.
    "

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

      Looking at the news of listed pig companies, as of now, 11 companies including Muyuan, Zhengbang, Wenshi, New Hope Liuhe, Tang Renshen, and Tianbang have successively announced their May sales briefs.
    As can be seen from the figure below, 9 pig companies have 5 Compared with the same period last year, the monthly sales of live pigs have all increased positively.
    In particular, the sales of Muyuan, Dabeinong and Tang Renshen have all doubled, Aonong has nearly doubled, and Zhengbang has more than tripled.
    At the same time,
    Zhengbang's May data has also been increased.
    Three new records were created
    .
    First, the monthly sales volume of live pigs was the highest, second, the monthly sales of commercial pigs broke 1 million heads for the first time, and the third was the record-breaking sales of commercial fat pigs (up to 140.
    52 kg/head)

    .
    Judging from the month-on-month sales volume in April, Muyuan, New Hope Liuhe and Jinxinnong all have different "brakes" in Chengdu
    .
    YEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

    Zhengbang's data in May also set three new records.
    First, the monthly sales volume of live pigs was the highest, the second was the monthly sales volume of commercial pigs broke 1 million heads for the first time, and the third was the record of heavy commercial fat pigs (up to 140.
    52 kg/head)

    .

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

      From the average price of pigs sold by pig companies, it can also be seen that, with the exception of Tianbang, the average price in May fell by more than 15% from the previous month, and compared with the same period last year, the decline has expanded to 30-40%
    .
    YEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

      The price of pigs fell below 7 yuan, and the wave of fat pig selling hitsYEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

     The price of pigs fell below RMB 7 and the wave of fat pig selling hits   The price of pigs fell below RMB 7 and the wave of fat pig selling hits.

      "The slaughter companies in some northern regions have begun to reject commercial pigs over 280 kilograms
    .
    " A farmer in Hebei told a reporter from the Securities Times that the price of pork is now a vicious circle.
    There has never been an upward momentum

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

      Due to the continued decline in the market, the price of pigs has completely fallen below the cost of raising pigs.
    Under the panic of farmers, a large number of live pigs flooded into the market, which undoubtedly increased the pressure of slaughter and sales of pigs

    .
    Many retail terminal distributors report that the current wholesale price of pork can be said to have fallen to a new low in the past two years, and has basically fallen to the pre-African swine fever price level

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

      According to the deduction of statistics from the Huitong Data Research Department, as of the 23rd week, the country’s crude fattening pigs lost 77 yuan/head, the first loss since March 2019, and the farmers who purchased piglet fattening and secondary fattening have already Deep loss
    .
    YEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

    As of the 23rd week, the country’s crude fattening pigs have lost 77 yuan per head, which is the first loss since March 2019.
    Farmers who have purchased piglet fattening and secondary fattening have already suffered deep losses

    .

      The number of hog futures delivery warehouses increased to 15YEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

     Increased the number of hog futures delivery warehouses to 15 and increased the number of hog futures delivery warehouses to 15

      In the futures market, in order to incorporate more breeding companies into the hog futures delivery warehouse system and expand the scope of the hog futures service industry, DCE added Jiangsu Lihua, Xinxin Animal Husbandry and other companies as hog futures delivery warehouses on June 9
    .
    So far, the number of designated delivery warehouses for pig futures has increased to 15, including 10 group delivery warehouses and 5 non-group delivery warehouses

    .
    The number of delivery sites for hog futures has increased to 19, in addition to 5 non-group delivery warehouses, it also includes 14 branch warehouses under 10 group delivery warehouses

    .
    After this adjustment, the maximum amount of standard warehouse receipts for hog futures can reach 27,000 tons, an increase of 20.
    43% compared to before the adjustment

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

      Founder's mid-term futures research report believes that the addition of pig delivery warehouses this time will bring more breeding companies into the pig futures delivery warehouse system, expand the scope of the pig futures service industry, and provide more convenience for companies to participate in futures trading and delivery
    .
    At the same time, a larger amount available for delivery is also conducive to ensuring the smooth operation of hog futures trading and delivery

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

      When will the "turning point" come? How will the future pig price trend?YEQ China Feed Industry Information Network-Based on feed, serving animal husbandry

      When will the "turning point" come? How will the future pig price trend?  When will the "turning point" come? How will the future pig price trend?

      Muyuan believes that the recovery of live pig production capacity will bring down the price of live pigs.
    Although the price may rebound seasonally in the future, the price of live pigs is generally on a downward trend.
    It
    is expected that the live pig industry will reach the bottom in 2022 or 2023
    .
    The company needs to improve talent management and capital reserves to prepare for the winter of the industry

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

     Muyuan believes that the pig industry is expected to reach the bottom in 2022 or 2023

      Regarding the trend of live pig sales, the Dongxing Securities Research Report pointed out that short-term pig prices will fluctuate at the bottom.
    With the advent of the peak consumption season and the repeated impact of the African swine fever epidemic in the winter of 2020 on the production capacity of pigs,
    pig prices are expected to rise from June to July.
    Come rebound

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

    Dongxing Securities Research Report pointed out that pig prices are expected to rebound in June-July

      Bi Hui, a senior researcher at Baocheng Futures , pointed out that after a short-term panic decline in pig prices, the overall decline will slow down, and in the mid to late second quarter , the futures and spot prices of live pigs may usher in synchronization.
    Sexual rebound, but the height of the rebound may be more limited

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

    The mid to late second quarter of Baocheng Futures

      Regarding the future trend of pig prices, Green Dahua Futures believes that the phased supply and demand easing may continue until mid-June.
    With the support of phased supply pressure and the
    cost of self-reproduction and self-support, the decline in spot pig prices is limited, and the recent fluctuations Mainly

    .
    At the end of the month, there is a high probability of fulfilling the expected rebound, and the phased price inflection point may appear

    .
    Tianfeng Securities said that the supply gap caused by the recurrence of the winter hog epidemic may be
    reflected in the end of the second quarter and the beginning of the third quarter.
    At
    that time, the pig price is expected to rebound and the pig price turning point is approaching.
    The focus will be on the fulfilment of listed companies' slaughter volume and cost improvement

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

    Green Dahua Futures at the end of the second quarter and beginning of the third quarter
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.
    Related Articles

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent Echemi's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.