Summary of events
On 30 june, the average price of three-dollar external pig price increased to $9. 73/kg and to 0. 26 per day. The pre-period market has been chronically depressed, with over-supply of porpoises, shortages of fatty and fatty products in stark contrasts, folding at the end of the month with the end of the month of the group's pig field control column, raising the mood of farmers, and synchronizing the price of pigs in the north and south of the country, but the summer consumption season is still stifling, with the current round rising only to make up。
Contents
From may onwards, the domestic market for raw pigs has been falling into a continuing downturn, with the foreign average price of three dollars floating at or below $9. 5 per kilogram over a long period of time. After the lunch break, the situation was further weakened, with the pig's minimum falling to $9. 36/kg, and many farmers carrying losses and financial pressures to the top。
Market segmentation begins with the variation in the price of fertilizers. By midday, large numbers of large and medium-sized pigs were concentrated, and at this stage the market stock of more than 300 pounds of fat pigs shrunk significantly, the supply of which continued to strain, and the price of fat pigs rose a week in a row. Farmers with big fat on their hands are no longer able to drop prices, and the market is becoming more expensive. The other side is a completely different picture, with the slow pace of de-mining the pre-supplied shears, the high productivity of the production of high-quality pigs, the continuous availability of small- and medium-specified pigworks on the market, large-scale pigworks to reduce the pressure of loss, and the large volume of piglets dropped out of the field, with a sufficient supply of pigtails directly squeezing the overall rise。
It is difficult for the end market to help the price of pigs. In the wake of rising temperatures throughout the country, the daily diet of the population is more favourable to fresh vegetables and vegetables, and the demand for food, such as red burning and halogenated cooking, is declining. Primary and secondary schools immediately spend summer holidays, urban dining halls are shrunk, slaughterhouses are unable to take on new orders, the rate of start-up is low, there is a serious backlog of frozen storage, and slaughtering enterprises do not have the will to raise the price of pigs。
The price differentials continued to rise, which encouraged some industry workers to think twice about fertility. There is still a small stock of boars in the production areas, which are poorly supported by small stocks of pigs consumed。
The end of the month was june, when the moment came. Successive losses have reduced the mindset of farmers to recognize their losses, and when fat pigs have risen prices, people have chosen to wait for better prices. The monthly outing tasks of the major pig groups have been largely completed, with no more large-scale placements of piglets, and voluntary out-of-column pulls of quotations。
On 30 june, there was a large increase in the national bid for raw pigs, with a marked regional difference. Fujian pig priced 11. 4 yuan/kg, leading the country; xinjiang is only 8. 5 yuan/kg and is in the low range. The value of shanghai, jiangsu and zhejiang in the eastern region of china was $10. 15/kg, with a small increase of 0. 05; the rise in henan and hunan in china was significant, with an increase of 0. 25 per kilogram; the increase in guangdong in south china was 0. 3 and 0. 4 in guangxi; the increase in heilong river in the northeast was 0. 55, the largest price increase in the north; and the overall increase in the north-west and south-west was weak, with only a slight increase of 0. 05 to 0. 1 in sichuan and chongqing。
Ordinary pig farmers can visualize changes in their behaviour, with fat pigs in their hands, making more money in the near future; only pig farmers, with no significant gains from higher prices. There is a high risk of blind and wind hog hoarding for second-generation, and weak consumption in the off-season period limits the space for subsequent increases, and prices can easily fall back once they are centralized. For the time being, ordinary citizens do not have to expect a substantial reduction in the price of pork, a small increase in the purchase price of raw pork, and it is difficult to see a significant fall in the retail price of final pork。
Iii. Conclusion
The rebound in the current round of pig prices, driven by short-term supply gaps, cannot reverse the weak demand in the off-season period。
Follow-up trends focused on the pace of farmers and changes in stocks of fat pigs。
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