The price of pork lags behind the pace of CPI. Pig industry may enter a trough next year.

Source: Changjiang Business Daily author: Chen Hongxia Wanfang time: 2009-11-18 Click: 2247 I would like to comment on Pig Forum pork prices, which have been the driving force of CPI gains, began to stop falling in the past three weeks and rebounded slightly. Not only can not catch up with the pace of feed rise, but also "half a beat" slower than CPI. Data show that Wuhan CPI has been the first to become a regular employee since September. According to the analysis of the industry, with the surplus of pig stock and the hot investment in pig breeding, the pig industry may enter a trough next year. In the next few months, pork prices may not keep up with the pace of CPI. The price of meat has not kept pace with the cold weather of feed, and the retail price of pork has risen. Retail pork prices have risen slightly for three weeks this month, according to the Wuhan Price Bureau. Such as lean meat, the retail price per jin in early November was 12.42 yuan, and now it has risen to 12.79 yuan, while pork chops and pork legs have risen by about 0.5 yuan per jin. But the retail price rises, and is not favored by farmers. "the increase in feed exceeds that in the price of meat." Zhang Zhichao, chairman of Jiuzhou Tong Animal Husbandry Co., Ltd., said, "in only ten days, corn has risen by more than 10 cents per jin, and soybean meal has risen by 300 yuan to 400 yuan per ton." Zhang Zhichao said that the average feed cost per jin of pork rose by 0.3 yuan, while the purchase price per jin of pig only increased by 0.1 yuan in so many days. According to the calculation of a live pig of 200 jin, it can only earn 80 yuan, which does not count the labor cost and so on. "Life for farmers is getting harder and harder." Mr. Cai, a farmer in Hannan, ordered seven carts of corn from the northeast two weeks ago, but he only got a cart yesterday, and he can only make urgent substitutes from the surrounding area. Hu Tao, general manager of Wuhan Yinhe Ecological Agriculture Co., Ltd., said that with the rise in feed, the monthly cost has increased by 100000 yuan, but a live pig can only earn about 50 yuan. According to statistics from the provincial animal husbandry and veterinary bureau, in October, the price of corn was 0.93 yuan per jin, up 2.85 percent over the same period last year, and wheat bran 0.79 yuan per jin, up 0.9 percent from the same period last year. According to the analysis of Zhang Zhichao, "it is difficult to ride a tiger" in a large farm, it is mainly due to the oversupply of pigs in the market, and although meat prices have risen due to the influence of the weather, they are still likely to fall in the long run. Many farmers began to control the scale of farming. Hu Tao said: now it is necessary to control the scale of live pigs and try not to reduce production. Many farmers also said that they do not dare to expand the scale of farming casually in the current state of small profits. Compared with the carefulness of farmers, this year's pig breeding market is extremely hot. A pig farming company said that many people rushed to buy large quantities of breeding pigs in October, and so on before the Spring Festival, put on the market to make a profit. But in the case of excess stock in the market, a large number of enterprises snapped up breeding pigs, and the market may go down again next year. According to the analysis of industry insiders, a number of new farms have been added in Hubei Province this year, and many investors have taken advantage of low prices to enter the market, bringing a boom in pig sales. However, with the commercial pigs of this batch of breeding pigs put into the market, the trend of the pig market in the future is not optimistic. Hu Tao said the company was ready to withdraw from the pig industry at any time. -the decline in pig prices will have some impact on feed enterprises. Others think it is an opportunity to enter the pig industry.