Muyuan has sold 13.96 million live pigs in the first five months!

Recently, Muyuan Co.

2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

Image source: May original pig sales briefing2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

Muyuan Food Co.

After the Spring Festival, the overall price of commercial pigs in my country has shown a downward trend.

According to the joint monitoring by the Information Center of the Ministry of Agriculture and Rural Affairs and Shandong Zhuochuang Information Co.

At the same time, the hog futures on the domestic futures market continued to fall sharply again.

The reason why the price of live pigs has continued to fall recently is due to increased supply and sluggish demand.

The weekly monitoring report of the Ministry of Agriculture and Rural Affairs shows that farmers are worried about the market outlook and the pressure on slaughter has eased.

Li Guoxiang, a researcher at the Chinese Academy of Social Sciences, said on May 6 that pork production is expected to be about 50 million tons in 2021, an increase of about 8 million tons over 2020, and pork prices will continue to fall.

Regarding the future trend of pig prices, Li Xingbiao, an analyst at CITIC Futures, said that the following points should be paid attention to next: First, the rhythm of big fat production.

However, Li Xingbiao said that the rebound may be suppressed by the export of frozen meat.

2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

Image source: May original pig sales briefing2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

After the Spring Festival, the overall price of commercial pigs in my country has shown a downward trend.

According to the joint monitoring by the Information Center of the Ministry of Agriculture and Rural Affairs and Shandong Zhuochuang Information Co.

At the same time, the hog futures on the domestic futures market continued to fall sharply again.

The reason why the price of live pigs has continued to fall recently is due to increased supply and sluggish demand.

The weekly monitoring report of the Ministry of Agriculture and Rural Affairs shows that farmers are worried about the market outlook and the pressure on slaughter has eased.
Some large-scale farms have increased their slaughter volume to complete the monthly plan.
The supply of live pigs has increased compared with last week.
At the same time, terminal demand is still sluggish, and the pork sales market is fiercely competitive.
As a result, the prices of live pigs and pork fell this week.
2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Li Guoxiang, a researcher at the Chinese Academy of Social Sciences, said on May 6 that pork production is expected to be about 50 million tons in 2021, an increase of about 8 million tons over 2020, and pork prices will continue to fall.
"Driven by the total supply, in 2021, pork prices as a whole will show a trend of continuous decline in volatility.
Sometimes they rise and sometimes fall, but overall, they should still fall.
" Li Guoxiang said.
2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Regarding the future trend of pig prices, Li Xingbiao, an analyst at CITIC Futures, said that the following points should be paid attention to next: First, the rhythm of big fat production.
The second fattening started at the end of March, and the calculations were carried out in May and June according to the cycle.
Taking into account the company’s listing before the Dragon Boat Festival, it is expected that the market will still be large in the first and middle ten days of May and June, and the spot pressure will still be high.
However, it is noted that the current market will be released.
The average price continued to fall, and the amount of secondary fattening decreased month-on-month.
It can be expected that the supply pressure from the average weight after July will be improved compared with the previous period.
The second is the supply rhythm of live pigs.
The piglet diarrhea in December last year and January and February this year and the damage to the stock of sows with piglets will affect the supply of pigs in July and August to a certain extent.
The third is demand.
In terms of seasonality, the current demand for live pigs is still in the off-season, and the demand is gradually improving in the second half of the year.
In summary, it is expected that after this round of panic selling, the pig price may bottom out.
2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

　　However, Li Xingbiao said that the rebound may be suppressed by the export of frozen meat.
The current estimated inventory of imported frozen meat is around 1.
7 million tons, and most of them are at a loss.
According to traders, the price of pigs will reach 23-24 yuan/kg.
It will be sold out in large quantities at 25-26 yuan/kg.
From this perspective, even if there is a rebound in the later spot, the magnitude is relatively limited.
2qU China Feed Industry Information Network-Based on feed, serving animal husbandry