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    Home > Active Ingredient News > Feed Industry News > The price of pork is almost cut in half!

    The price of pork is almost cut in half!

    • Last Update: 2021-06-21
    • Source: Internet
    • Author: User
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    On June 9th, May price data was announced.


    According to the monitoring of the Ministry of Agriculture and Rural Affairs, in the 22nd week of 2021 (from May 31 to June 4, 2021), the weekly average of the total ex-factory price index of lean white pork in 16 provinces (municipalities directly under the Central Government) is 22.


    From "too expensive" to "okay"YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

    On June 10, a reporter from China Securities News walked into an urban and rural warehouse supermarket in Haidian District, Beijing.


    "Would you like to buy pork? The tail bones of black pigs cost 25.


    An aunt who was selecting pig front legs told reporters: "The price of pork has indeed dropped.


    The reporter asked whether there were more people buying pork after the price of pork was cut.


    According to data from Souzhu.


    Pork prices fell "mortal"YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      Behind the decline in pork is the change in the relationship between supply and demand


      The reporter learned that in 2020, the domestic market pork price is in short supply, and the pork price continues to rise.


      In recent years, the state has gradually liberalized and encouraged the development of the pig industry.


      Prices won't keep fallingYWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      The Dragon Boat Festival is approaching, and the demand for fresh meat usually increases before the festival, and the price of pork may rise slightly


      Pork prices will not keep falling


      Wei Xin, a researcher at the Futures Agricultural Products Division of China Securities, predicts that after July and August, this rapid decline in pig prices may end


      For consumers, the low pork price is certainly worthy of joy, but the low pork price has a negative impact on the upstream industrial chain and may cause new changes in the price of pigs


      In response to this, the National Development and Reform Commission recently issued the "Improving the Government's Pork Reserve Regulation Mechanism and Doing a Good Job in the Work Plan for the Pork Market to Ensure Supply and Stabilize Prices



      According to the monitoring of the Ministry of Agriculture and Rural Affairs, in the 22nd week of 2021 (from May 31 to June 4, 2021), the weekly average of the total ex-factory price index of lean white pork in 16 provinces (municipalities directly under the Central Government) is 22.
    20 yuan per kilogram.
    It was down 3.
    8% month-on-month and 45.
    7% year-on-year
    .
    Industry insiders said that at present, the price of live pigs is close to the break-even line of live pigs, and there is limited room for subsequent pig prices to fall.
    It is expected that this rapid decline may end after July and August
    .
    YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      From "too expensive" to "okay"YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

     From "too expensive" to "okay"

      On June 10, a reporter from China Securities News walked into an urban and rural warehouse supermarket in Haidian District, Beijing.
    It was the best time of the day for purchasing, and the entire supermarket was bustling
    .
    YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      "Would you like to buy pork? The tail bones of black pigs cost 25.
    4 yuan a catty
    .
    " The salesperson actively solicited business, "before 46.
    7 yuan a catty, which is much cheaper
    .
    "YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      An aunt who was selecting pig front legs told reporters: "The price of pork has indeed dropped.
    Like this pig front leg, it used to cost more than 30 yuan per catty.
    Now it is 15.
    98 yuan, which is half down.
    It's okay
    .
    "YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      The reporter asked whether there were more people buying pork after the price of pork was cut.
    A salesperson said: “It hasn’t increased either, mainly because it’s summer, and some people don’t want to eat meat
    .
    ”YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      According to data from Souzhu.
    com, on June 10, the national average price of lean pigs for slaughter was 15.
    18 yuan/kg, a decrease of 0.
    33 yuan per kg from the previous day
    .
    According to the monitoring data of the Information Center of the Ministry of Agriculture and Rural Affairs, since the ex-factory price index of lean white striped pigs reached a high of 50.
    93 yuan/kg in early July 2020, pork prices have gradually turned into a downward trend
    .
    Affected by the Spring Festival holiday, pork prices rebounded in January this year, but soon returned to a downward trend and fell all the way thereafter
    .
    On June 9, the index reported 20.
    68 yuan/kg, which was nearly 60% lower than the high one year ago
    .
    YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      Pork prices fell "mortal"YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      Pork prices fell "mortal"

      Behind the decline in pork is the change in the relationship between supply and demand
    .
    YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      The reporter learned that in 2020, the domestic market pork price is in short supply, and the pork price continues to rise.
    By the beginning of this year, China's live pig price gradually "capped" and showed a downward trend
    .
    At that time, production and breeding enterprises generally held a wait-and-see attitude and were reluctant to sell, but the price of live pigs continued to fall
    .
    Since May, in order to reduce losses, many farms have concentrated a large number of "bovine and pig" over 300 kilograms for slaughter, resulting in excessive market supply and accelerated price declines
    .
    YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      In recent years, the state has gradually liberalized and encouraged the development of the pig industry.
    Domestic pig production capacity has continued to recover, and the number of pigs on hand has been rising
    .
    Monitoring data from the Ministry of Agriculture and Rural Affairs showed that as of April this year, the number of reproductive sows increased by 1.
    1% month-on-month, which has increased for 19 consecutive months and increased by 23% year-on-year, which is equivalent to 97.
    6% at the end of 2017
    .
    In addition, in April, the slaughter volume of designated pig slaughter companies above designated size across the country reached 18 million, a year-on-year increase of 41%
    .
    However, the first and second quarters of each year are the low period of China's live pig consumption.
    Consumers' overall demand for pork is "tired", resulting in increasing pressure on the pork market and continuous decline in pork prices
    .
    YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      Prices won't keep fallingYWa China Feed Industry Information Network-Based on feed, serving animal husbandry

     Prices won't keep falling

      The Dragon Boat Festival is approaching, and the demand for fresh meat usually increases before the festival, and the price of pork may rise slightly
    .
    However, according to Feng Yonghui, an analyst at Sozhu.
    com, due to the fact that there are still too many large-weight pigs under slaughter, the supply of pork is relatively abundant, and there will not be much room for a rebound of pork during the holiday
    .
    YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      Pork prices will not keep falling
    .
    "The price of live pigs is close to the break-even line of live pigs, and has not reached a state of loose supply
    .
    " said Zhu Zengyong, a researcher at the Beijing Institute of Animal Husbandry and Veterinary Medicine, Chinese Academy of Agricultural Sciences.
    Return to the level before the African swine fever outbreak in 2018.

    "YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      Wei Xin, a researcher at the Futures Agricultural Products Division of China Securities, predicts that after July and August, this rapid decline in pig prices may end
    .
    On the one hand, seasonal factors affect the demand for pork, and winter demand will increase; on the other hand, falling pig prices, local epidemics, etc.
    may cause small and medium-sized retail investors to not make up for slaughter, which may cause a relative decline in the number of fat pigs for slaughter in the third quarter.
    There is room for price rebound
    .
    YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      For consumers, the low pork price is certainly worthy of joy, but the low pork price has a negative impact on the upstream industrial chain and may cause new changes in the price of pigs
    .
    The current price of pork is falling, production costs are rising, and the interests of farmers are harmed.
    They tend to reduce the stock volume, which will eventually change the balance of supply and demand, promote the stabilization of pork prices and rise, and enter a new round of "pig cycle"
    .
    In this way, stories of high prices hurting the people and low prices hurting farmers have been repeated
    .
    YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

      In response to this, the National Development and Reform Commission recently issued the "Improving the Government's Pork Reserve Regulation Mechanism and Doing a Good Job in the Work Plan for the Pork Market to Ensure Supply and Stabilize Prices
    .
    " The person in charge of the relevant department stated that the "Preplan" gives full play to the important role of the government's pork reserve adjustment as a key starting point, and insists on both the "up" and "down" of the prices of live pigs and pork
    .
    When the price is too high, reserves will be put in to protect the consumption needs of residents, and the price will fall to a reasonable range to avoid excessive expansion of live pig production capacity; when the price is too low, the purchase and storage will be started to support the market, so as to provide "reassurance" for farmers.
    , To avoid excessive elimination of live pig production capacity
    .
    YWa China Feed Industry Information Network-Based on feed, serving animal husbandry

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