Live pig futures become a "sweet and pastry" pig company with losses across the board. Four seasons...

For many pig companies, the third quarter was a full loss quarter

Pig companies actively participate in live pig futures

Pig companies have suffered losses and increased liabilities, and capital preservation and capital operation have become the main tasks of pig companies

Currently, pig companies are actively participating in live pig futures

Li Ming, a pig analyst of the Agricultural Products Division of Shanghai Iron and Steel Union, told a reporter from China Business Daily: "The attitude of pig companies towards live pig futures has changed from waiting and watching to active participation.

Why is the enthusiasm of pig companies for hog futures soaring? "Pig farming is cyclical, and cash flow is more likely to be restricted

Can the enthusiasm of pig enterprises last?

For pig companies in the current situation, live pig futures have indeed eased the financial pressure

At the same time, in September this year, when the first hog futures contract was fulfilled, the delivered hogs also eased the pressure on operating costs for some companies

After the National Day, the price of live hog futures once reached the highest point since the listing, but then fell again

The risks of hog futures really cannot be ignored

Can pig companies' enthusiasm for hog futures continue? Li Ming said that companies' understanding of hog futures will also become more rational in the process of participation

The trend of hog futures in the fourth quarter is still unclear

"The price rebound after the November holiday and the temporary hedging losses brought about by the upward futures prices may cause companies to have a misunderstanding of live pig futures

Participants in the current industry all say that the price trend of hog futures is somewhat elusive

It is worth noting that industry insiders generally stated that the current live pig futures have played a role in stabilizing the "hog cycle" and mitigating industry losses to a certain extent, and this role will be more obvious in the future

Li Wangyang, general manager of the Yiwu Sales Department of Yongan Futures Co.

"It is recommended that the current live pig futures participants can adopt the layout and participate cautiously by monitoring the change of live pig weight and judging the market demand