Ministry of Agriculture and Rural Affairs: Pork prices rose during the Spring Festival on New Year's Day

November 19th, according to the Ministry of Agriculture and Rural Affairs official website 18 news, october the national pig storage column and can breed sow storage column continued to grow, the previous period of new production capacity has been released, pig out of the column increased month by month, the recent period of pork market supply significantly improved, price volatility down.
In the second quarter of next year, the national pig storage column will basically resume monitoring, in October can breed 39.5 million sows, 13 consecutive months of growth, an increase of 32% over the same period last year;
pig production capacity has now returned to about 88% by the end of 2017.
this trend, in the second quarter of next year, the national pig storage column will basically return to the level of normal years.
farmers actively supplement the bar expansion, in October, another 728 new-scale pig farms put into operation, so far this year, the new-scale pig farms put into operation has reached a total of 13,000, and another 15,000 empty-scale pig farms began to recuperate last year.
the ability to breed sows increased significantly, with sales of binary sows in pig-growing enterprises increasing by 102.6% year-on-year in the first three quarters.
continued to increase, supply gradually relaxed, prices fell sharply.
the price of piglets in some provinces has dropped from a peak of about 2000 yuan per head to less than 1000 yuan.
pork prices have fallen sharply for more than two months in a row, from piglets to fat pigs fattening cycle is generally 6 months.
of new production capacity in the early part of the year, the supply of listed fat pigs increased significantly.
year-on-year increase in pig outings in September, the first year-on-year increase after 25 months of decline.
38.5 per cent year-on-year in October, growth continued to expand and pork market supply improved significantly.
pork prices have fallen for more than two months in a row since September.
the second week of November, pork prices at the National Market fell back to 46.47 yuan per kilogram, down 18.0% year-on-year and more than 13 yuan lower than the peak price in the third week of February.
with the arrival of the winter, especially the Spring Festival consumption season, pork consumption will continue to grow, but the resumption of production will lead to a significant increase in pork supply, pork market supply situation is expected to further improve.
supply side, with the gradual release of new production capacity, listed fat pigs will be further expanded, it is estimated that next year's New Year's Day Spring Festival (December 2020 -February 2021) pork supply increased by about 30% over the same period last year.
demand, increased consumption during the Spring Festival on New Year's Day is likely to lead to a wave of increases in pork prices (typically 6%-10% in normal years), but overall will be lower than the level of the same period last year.
the cost of raising pigs increased by 1,850 yuan for a commodity fat pig in October, an increase of 260 yuan over the African swine fever before it occurred.
, corn prices increased feed costs by 80 yuan, epidemic prevention costs by 130 yuan, dung treatment costs increased by 50 yuan.
Ministry of Agriculture and Rural Affairs pointed out that it is important to note that the pre-high price of piglets to buy professional fattening farmers breeding profits narrowed significantly.
average price of live pigs fell to 29.74 yuan per kilogram in the second week of November, and if it falls another 3-4 yuan, professional fatteners may lose money.