The data in this column is compiled by the department of distributive market data statistics, which counts hundreds of new businesses on a daily basis, and is published exclusively in the green squirrel and reported to the market information department of the ministry of agriculture。
The trend in pork prices
Last week (28 october-3 november 2023), the average wholesale price of white pigs fluctuated with a marked rebound later in the week。
Comparison of average price trends for white pig at the beginning of october/november 2023 and the same period in 2022 figure
(united states dollars/kg)
On 3 november, the average wholesale price of white-coated pigs in the market was $18. 25/kg, an increase of 3. 69 per cent compared with the previous week's corresponding period (27 october); a decrease of 7. 12 per cent compared with the previous month's corresponding period (3 october) of 19. 65/kg; and 42. 97 per cent compared with the same period last year's. There was a marked increase in the ring ratio; a marked decline in the monthly ring ratio; and a significant decline in the year-on-year ratio. Last weekend prices declined by 47. 46 per cent on a year-on-year basis, and last weekend prices decreased slightly on a year-on-year basis。
The average price of white pig wholesaled last weekend increased significantly compared to the prices of the previous trading day, owing to the fact that white pigs from several slaughterhouses did not trade on time, which led to an increase in the price of white pig wholesaled pounds, and the subsequent entry of white pig from the slaughterhouses, which fell back, but the back price was still higher than the previous trading day. The increase in the price of white hogs on weekends is a special case and is not too directly related to actual supply and demand and is not trendive。
Last week, the average daily turnover increased by 4. 53 per cent, while the weekly rate decreased by 1. 84 per cent during the same period last year, significantly magnifying the same increase last week. This year's meat consumption is greater than the same period last year。
Last week, the daily average of white pigs continued to increase, while the average of white pigs dropped slightly during the same period last year, indicating that the supply capacity of the pig is also significantly stronger this year than during the same period last year. The price of meat this year is significantly lower than it was in the same period last year, owing to the availability of a sufficient supply of hogs, which also leads to losses in farms. As a result of the farm losses, farmers were forced to pay for the sale, and there were repeated fluctuations in pig and meat prices last week. Overall, the price of pigs and meat should rise back to the balance point of the farm, which is conducive to healthy, stable and sustainable farming. However, the current trend is one of overcapacity, while meat consumption is in the off-seasons, and the price of pigs and meat is not likely to rise strongly. Thus, last week, although there was an increase in the price of pigs and meat, it was difficult to sustain it, but it was only a quick gain。
The modest compression of production capacity should be mentioned on the farm agenda, which is not an option and should be the first option. Based on the current loads of sows and those of pigs 9-10 months ago, the current loads are still relatively adequate, the price of meat is difficult to achieve in a short period of time to achieve a substantial rebound, and it is also a stopgap measure to reduce some of the losses from time to time in the farm, and the practice of selling them is not advisable。
Egg price trend
The price of eggs went up slightly in the early part of last week and remained stable thereafter。
Comparison of average egg price trends between late october and early november 2023
(united states dollars/kg)
On 3 november, the average wholesale price of eggs in the new field market was $9. 11/kg, an increase of 3. 05 per cent from $8. 84/kg in the same period last week (27 october); a decrease of 9. 71 per cent from $10. 09/kg in the same period last month (3 october); and a decrease of 29. 92 per cent from $13. 0/kg in the same period last year. Small increases in the circle; decreases in the monthly ring; decreases in the year-on-year. Last week, there was a year-on-year decline of 30. 56 per cent, and last week there was a slight decrease。
Last week, the price of eggs showed a generally slow decline, and by the early part of last week it recovered. The upturn in the price of eggs in the pre-week period was mainly due to the entry of the egg store, which began to buy the eggs, which stabilized and rebounded slightly. The egg merchants generally buy it at a time when the price of the eggs is low and store it for a period of time, before the price rebounds and sells it to earn the difference. So, the pre-week egg merchant bought it, and the price rebounded。
Because of the abundant supply of eggs, egg prices did not continue to rise after the egg was purchased by the egg dealer, but rather moved forward, thus stabilizing prices in the middle and late last week。
In a short period of time, the price of eggs does not have the capacity to rebound significantly, mainly for two reasons: the recent abundance of egg production and a large number of young and young chickens are becoming the main producers of eggs; and the recent consumption is still on the back burner season, with poor sales. In this case, egg production in chicken farms exceeded sales, following a backlog of eggs in chicken farms, where eggs were transferred to the egg merchant after the egg merchant had taken action, and stock of chicken farm eggs decreased。
However, the recent decline in the acquisition of eggs by producers and the increase in stock of chicken farm eggs have led to increased pressure on the sale of chicken farm eggs. As a result, neither the wholesale market nor the retailer has been able to take a good look at the movement of late-stage egg prices, to purchase eggs too much and to further increase the marketing pressure on chicken farms. Others remain optimistic about the price of the eggs, arguing that they have more eggs in their hands, that they will not let the price go down, that even if it does, the time will be shorter, and that the eggs will support the price。
It is this view of the decline and rise in the price of eggs in the latter part of the week that coexisted, keeping the price of eggs stable in the latter part of the week. In fact, the price of eggs would not be overly volatile in a short period of time, either by rise or fall, but by small adjustments。
Trends in vegetable prices
The overall price of vegetables fell steadily last week。
Trends in average wholesale prices of vegetables between late october and early november 2023 and the same period of the previous year figure
(united states dollars/kg)
On 3 november, the market's weighted average vegetable price was 2. 41 yuan/kg, a decrease of 2. 47 yuan/kg from the same period last week (27 october); and 29. 53 per cent from the same period last year. There was a small decline in the roundup; there was a significant decline in the year-on-year ratio. Prices declined by 24. 46 per cent over the same period last weekend, and slightly more so last week。
The overall price of vegetables remained generally stable last week, with prices falling slowly and to a lesser extent during the week. The main reason for the overall stabilization of prices is that most vegetable prices have fallen to a stage low and are basically infallible, while the availability of sufficient supplies and the inability of prices to rebound have led to a generally slow and small decline in overall vegetable prices。
In the last week, the prices of small and tender varieties of vegetables continued to be low, with spinach, cabbage, oatmeal, gravy, veggies, veggies, veggies, veggies, and so forth at the bottom, and occasionally, because of a slight drop in the price on the market, the price would then fall out of shape, as the merchants said that it was now on the market together with cold-garded vegetables, and that prices would only rise when the temperature cooled and the open vegetables dropped
The prices of the main varieties of vegetables also remain low, including large cabbage, cabbage, carrots, onions, etc., where the purchase price is less than $0. 1 per pound, or where some vegetables are abandoned because they cannot be sold. The market usually divides the composition of the vegetable price into two parts, one of which is a ground vegetable called agricultural produce and the other of which is a market vegetable called a commodity. Agricultural products have the cost of agricultural products and the cost of the process of commercialization, market wholesale prices are not even sufficient to cover the cost of the process of commercialization, and there is a loss in the market's ability to sell them, thereby reducing the volume of purchases, and the marketing difficulties of land-based agricultural products and the fact that some of them can be abandoned。
Among the large vegetables, the price of onions is stable and the price of potatoes is falling slowly, and the price of radish, radish and radish in the heart is falling. At this point in the past, the merchants started or have already collected them, but this year, due to the lack of good prices, the number of buyers who dared to collect them has been low, which has led to a steady decline in the purchase price。
At present, the overall price of vegetables has fallen to a stage low and there is little room for further decline in the later period. If significant cooling in late last week forces some of the open-air vegetables out of the market, the prices of cold sheds or greenhouse vegetables will gradually rise。
Under normal circumstances, after november, the overall price of vegetables will gradually pick up and enter seasonal rises, a normal expression of seasonal fluctuations in vegetable prices, which have been delayed this year over previous years. However, even in winter, there is little chance of a rapid increase in vegetable prices, as some of the vegetables in the subsequent production sites are ripe and ready to be added to the market, and the availability of sufficient vegetables is difficult to change。
Contribution from the department of market statistics of the new location
