The pig industry has entered a loss-making stage in an all-round way!

 　　The national pig price continues to fall, with an average price of 17 yuan/kg this week, which has fallen back to two years ago.
At the beginning of January this year, the profit of raising a pig was as high as 3,000 yuan, but now, a pig is losing more than 1,000 yuan.
Big fat pigs continue to flow to the market, superimposed on the weakening consumer demand in the south, is the pig price expected to stop falling and rebound in June?GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Since the beginning of this year, the price of pigs has been declining.
As of June 5, the national pig price has fallen to around 17 yuan/kg, which has been “halved” from the high of 37 yuan/kg at the beginning of the year.
It has even fallen back to two years ago.
This is the starting point for the surge in pig prices in the second half of 2019.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　In terms of futures, the main 2109 contract of live pig futures fell for 6 consecutive weeks, with a drop of 11.
63% this week.
It fell below the 20,000 yuan/ton mark in Friday's intraday session, hitting a minimum of 19,830 yuan/ton, a record low since its listing.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Today is not what it used to be, and it is no more appropriate to use this term to describe a pig breeding company.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Farmers have once been brilliant.
From the end of December 2020 to the beginning of January 2021, the profit of farmers raising a pig is as high as 3,000 yuan.
Nowadays, self-breeding and self-supporting farmers have entered a loss-making stage.
However, farmers who purchased piglets have already started to lose money, and a pig loses more than 1,000 yuan.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　WIND data shows that four pig companies have announced their live pig sales data in May, and two of them have fallen in volume and price compared with the previous month.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Zhenghong Technology's May live pig sales briefing showed that the company sold 8,500 live pigs in May, a decrease of 41.
45% from the previous month; sales revenue was RMB 17,118,600, a decrease of 59.
99% from the previous month.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　The May pig sales brief released by Muyuan shares showed that the company sold 3.
097 million pigs in May, a decrease of 1.
53% from the previous month; sales revenue was 6.
78 billion yuan, a decrease of 14.
44% from the previous month.
The average sales price of commercial pigs was 17.
65 yuan/kg, down 16.
39% month-on-month.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Dawnrays sold a total of 24,800 pigs in May, an increase of 1.
64% from the previous month.
Among them, the sales of commercial pigs were 17,800, a decrease of 13.
17% from the previous month; the average sales price of commercial pigs was RMB 29.
99/kg, a decrease of 12.
77% from the previous month.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Aonong Biotech’s May sales of live pigs amounted to 295 million heads, an increase of 43.
30% month-on-month.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　"The main reason for the sharp drop in the price of live pigs is that a large number of secondary fattening and passive slaughter pigs continue to flow to the market, resulting in a continuous increase in the average weight of slaughter.
Although the number of slaughtered pigs has not returned to the normal level, the speed of the recovery of pork supply Faster, in the case of short-term supply increases, the demand side has not been significantly improved, which has led to the continuous downward trend of live pigs since the beginning of the year.
" said Lu Pin, an agricultural product analyst at Everbright Futures.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　According to the ex-factory price monitoring of lean white striped pork from the 16 provinces of the Ministry of Agriculture and Rural Affairs, since the Spring Festival of 2021, the average weight of pigs after slaughter has increased from 89.
5 kg to about 93.
7 kg.
There is still no significant sign of decline, indicating the slaughter weight of pigs.
Still maintaining a high level, the supply of large-weight fat pigs is still sufficient, and the price of live pigs is still under pressure.
On the demand side, although the slaughter volume in the first quarter of 2021 increased by about 30% year-on-year, the main reason was that the new crown epidemic in early 2020 led to a cliff-like decline in the demand for live pigs, and the current consumption of live pigs has yet to be further recovered.
At present, the average price difference between white strip meat and live pigs in the country is about 7 yuan/kg, which is lower than the profit and loss line of the slaughter companies of 8-9 yuan/kg, indicating that downstream demand is still sluggish.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　According to Zhang Xiaojun, a pig researcher at Green Dahua Futures, the current stock of fat pigs is still high, and the stock of superimposed frozen products is at a high point during the year, and there is ample supply in phases.
In addition, except for the slight decrease in the average weight of slaughter in Sichuan, the proportion of fat pigs in most northern regions is still high.
This week, the national average live pig trade weight was 134.
64 kg, an increase of 0.
13% from the previous month.
It is expected that the short-term slaughter weight will remain high.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　"The current decline is mainly due to the panic selling of small and medium-sized retail investors under the pressure of loss, and the short-term supply of the market is abundant.
" Guoyuan Futures agricultural product analyst Jiang Zhenfei said that at present terminal consumption is gradually beginning to accept terminal pork prices, and consumption is slowly improving.
This wave of panic After the sell-off, the market's fat pigs were basically digested, and the stock of standard pigs in this wave of panic selling also exceeded market expectations.
At present, the price of live pigs has been lower than the cost of self-breeding and self-raising.
After this wave of small and medium-sized retail investors sells out, the breeding end will start to raise the price.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　The reporter found that the price of pigs fell sharply in mid-May.
The active and passive segmentation of slaughter companies caused the current inventory level to be high, the volume of segmentation was reduced, the enthusiasm for corporate acquisitions was not high, and the operating rate fell.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Lü Pin believes that in the short term, it is difficult for the price of live pigs to rebound substantially, but this week the national pig breeding industry has entered a loss-making stage.
With the support of cost, there is little room for the price of live pigs to continue to fall.
GnL China Feed Industry Information Network-Based on feed, serving animal husbandry