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The price of live pigs is still falling
The association recommends not to arrange production with a gambling mentality
In the initiative, the China Animal Husbandry Association stated that it hopes that pig breeding companies will pay more attention to the pig production and market data released by the official website of the Ministry of Agriculture and Rural Affairs, and follow the normal production plan in an orderly manner.
"We discovered in March and April this year that some farmers heard the rumor that'the price of pigs will rise sharply in the future', and wanted to avoid the risk of price decline by delaying the speed of pigs to slaughter and raising pigs
The China Animal Husbandry Association also stated in the proposal that the loss of pig farming in May was 9.
"High-quality companies will continue to make profits under the balance of supply and demand
The price of live pigs has been lower than the industry average cost
The current price of live pigs has fallen below the breeding cost line of many listed pig companies
Has the price of live pigs fallen to the end? Li Jinghui told the China Business Daily that the current pig market has reached the stage of supply and demand balance, and in the future development process, there will be oversupply and overcorrection
It is worth noting that even though pig farming has suffered losses, pig companies still have not changed their strategy of "heavy volume" sales
At the same time, the expansion of some listed pig companies has not stopped
How do big pig farmers respond
The current pig companies may accelerate the dumping of live pigs
The China Animal Husbandry Association proposed in the proposal that everyone should eliminate low-yielding sows as soon as possible, especially the ternary fat pigs reserved for breeding, so as to improve the reproductive efficiency of sows, increase feed conversion rate, and enhance competitiveness
Zhu Zengyong, an associate researcher at the Beijing Institute of Animal Husbandry and Veterinary Medicine, Chinese Academy of Agricultural Sciences, told China Business Daily that as long as the supply increases, the price of live pigs will fall
For the "protracted war", the listed pig companies have been fully prepared
The relevant person in charge of Muyuan shares publicly stated that the price fluctuation of live pigs is one of the main reasons for the fluctuation of the company's operating performance
The relevant person in charge of New Hope also told a reporter from China Business Daily that in the downward cycle of pig prices, excellent pig companies can achieve cross-cycle growth through cost advantages