It is expected that there is little room for pig price increase in November, so pig farmers should be cautious.
Industry analysis: It is expected that there will be little room for pig price increase before the end of November.
In these two days, due to heavy snow in many parts of the north of the country, the temperature dropped by 6-10 degrees, resulting in increased difficulty in selling live pigs, increased reluctance of farmers to sell, resulting in increased difficulty in purchasing live pigs, while weather factors led to increased acquisition and transportation costs, slaughtering enterprises chose to purchase nearby, resulting in a general upward purchase price. However, there are also moves to lower prices in sunny areas.
At present, the price of pigs in the north is adjusted steadily, mainly affected by weather factors, while the price of pigs in the south is mainly stable, mainly affected by the relationship between supply and demand. Now the pig market is waiting for the opening of bacon production in the south, but bacon production requires conditions, sunny days and temperatures that remain stable at around 10 degrees Celsius. At this time, other such boost efforts may be exerted. However, it is expected that there will still be a lot of big pigs available for sale, and farmers are worried about the epidemic situation, so it is expected that there will be little room for pig price increase before the end of November. It is suggested that farmers should press pens rationally and raise them carefully.
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