Last week, after a large decline in pig prices, in recent days the overall stabilization, narrow range of adjustments, compared with the highest point of 9.5 yuan in the stage, the current average price of 8.9 yuan, the overall price of 6.32%.
The decline in pig prices is due to the fact that after the pig price rose to a stage high, the willingness of farmers to produce pigs became stronger, and the supply of large pigs in the market increased, and the market showed a situation of double increase. The second is because the slaughtering enterprises have limited acceptance of high-priced pig sources, the willingness to reduce prices is obvious, the terminal pork is not smooth, and the order volume of white meat is low, which provides sufficient confidence for slaughtering enterprises to reduce prices. The third is because after the Dragon Boat Festival, pork consumption has entered a phased off-season, and there is a lack of obvious consumption benefits in the short term, and pork consumption is insufficient to support pig prices.
With the fall in the price of live pigs, the price of piglets has also dropped significantly, and the price of weaned 7kg piglets has dropped to less than 620 yuan, which is nearly 50 yuan lower than last week. The two-way decline in piglet prices and commercial pig prices has also made breeding profits shrink significantly, with the current profit of a piglet at about 383.2 yuan, and the profit of a fat pig slaughtered in the self-breeding farm has dropped to about 432 yuan.
With the decline in pig prices, the willingness to raise prices at the breeding end has increased again. Affected by the obvious reduction of national pig production capacity and the significant decline in the number of pigs available for slaughter, the current domestic market breeding end has the right to speak on pig prices, and once the willingness to raise prices increases, the supply of live pigs in the market will decline significantly. At the end of the month, the group pig farms have a lot of shrinkage and pull up the mood, the number of pigs has also declined, the difficulty of slaughtering enterprises to collect pigs has increased, the mainstream slaughtering enterprises are facing the situation of insufficient pig supply, the market shortage of pigs has increased, and the slaughtering enterprises have taken the initiative to raise prices.
Pig prices can have such a big increase, another important reason is the re-entry of the second fattening, after the pig price fell to the level of 8 yuan, the second fattening bottom-buying sentiment heated up again, superimposed in April and May, part of the pig farm has been out of the pig, and made a big profit, the willingness to enter the market again is very strong, after the pig price falls, enter the market at a low price, and seize the pig source.
On June 30, the price of live pigs rose significantly, the highest price of live pigs in Shanghai and Guangdong was 9.4 yuan, the lowest price was 8.5 yuan in Yunnan, and the average price rose to 8.5 yuan. Specific to the price of each region, the pig price in East China is 8.8-9.4 yuan, the pig price in Southwest China is 8.5-8.8 yuan, the pig price in Northeast China is 8.7-9.2 yuan, the pig price in North China is 8.8-9.2 yuan, the pig price in Central China is 8.7-9.2 yuan, and the pig price in South China is 8.7-9.4 yuan.
Considering the serious disease in the north last winter and the obvious decline in production capacity, it is expected that the number of pigs available for slaughter in July will further decline compared with May and June. The holding of banquets such as the college promotion banquet and the teacher appreciation banquet, as well as the increase in the number of families traveling after the student holiday, the overall demand for catering consumption is improving. The frozen product storage capacity rate remained at a relatively low level of 23.4%, and it is expected that the pig price in July will fluctuate slightly at the beginning of the month, and will fluctuate again in the second half of the year under the support of positive factors.