The Ministry of agriculture and rural areas announced on April 21 that as of mid April, national pig prices have rebounded slightly for three consecutive weeks, ending the 16 week continuous downward trend , and the losses of farmers have eased.
national pig prices rebounded for three consecutive weeks
aquaculture losses eased
In the first quarter of this year, 196 million pigs were sold nationwide, with a year-on-year increase of 14.1%. However, on the consumer side, after the Spring Festival belongs to the consumption off-season. With the recent impact of covid-19 pneumonia , the retail sales of catering industry decreased by 16.4% year-on-year in March, the pork consumption of catering industry decreased .
More than one year and less has resulted in periodic oversupply in the pig market. In the first quarter, the overall price of pigs fell from 16.6 yuan per kilogram at the beginning of the year to 12.5 yuan per kilogram in the third week of March. Since late March, pig prices have rebounded under the influence of government regulation and consumption recovery.
Xin Guochang, deputy director of animal husbandry and Veterinary Bureau of Ministry of agriculture and rural areas: in the last three weeks, the price of pigs has rebounded, and the main producing provinces have rebounded to 13.8 yuan per kilogram, ending the previous 16 weeks of continuous decline.
Xin Guochang introduced that at present, the average cost of pig breeding in China is about 16 yuan per kilogram. A pig lost 174 yuan in February and 327 yuan in March.
Xin Guochang, deputy director of animal husbandry and Veterinary Bureau of Ministry of agriculture and rural areas: the current price has not returned to the principal guaranteed price, and there is still a certain gap from the principal guaranteed price. If the current price is lower than that in March, the current loss will be more than 200 yuan and the loss will be reduced by more than 100 yuan.
Beijing: pork price rebound driven by policy purchase and storage
The price of live pigs rebounded slightly. Has there been any change in the price of pork in the market? What is the future market supply and demand situation?
In Beijing Xinfadi Shenzhen Agricultural Products Group Co.Ltd(000061) wholesale market, the person in charge told reporters that the average wholesale price of white striped pigs in the market on April 21 was 16.75 yuan / kg, up 4.7% from the same period last week and 17.5% from the same period last month.
Liu Tong, a market analyst at Beijing Xinfadi, said that since the beginning of this year, the relevant state departments have listed four batches of to store nearly 160000 tons of reserves and this measure has had a certain inhibitory effect on the downward trend of meat prices, stabilized market expectations and pork prices began to rebound.
From the perspective of pork supply situation, China's pig production capacity has gradually decreased since July last year. At the end of March this year, the number of sows capable of breeding was 41.85 million, which is in the green range of pig production capacity regulation. In addition, the pig price has been running low for a long time, and there is little possibility of further sharp decline. With the recovery of later consumption, pig price is expected to gradually rise to a reasonable range .
Xin Guochang, deputy director of the animal husbandry and Veterinary Bureau of the Ministry of agriculture and rural areas: with the May Day, Dragon Boat Festival and other festivals approaching, consumption may increase, supporting the further recovery of pig prices. In terms of production, since the peak of output is around May, the growth of output will slow down gradually. Therefore, it is expected that the balance between supply and demand may be basically realized by the third quarter.
