MySheen

After losing money for seven months, pig farmers can finally get their money back.

Published: 2024-11-05 Author: mysheen
Last Updated: 2024/11/05, After losing money for seven months, pig farmers can finally get their money back.

The price of pork, which is closely related to the citizens'"vegetable basket", has gone up. Since nearly January, pork has continued to rise across the country, with the average price rising by about 10% month-on-month in August, while data released by the Sichuan Provincial Pig Monitoring and early warning system yesterday showed that the average price of Sichuan pigs exceeded the 14 yuan / kg mark in August, and the benefits of raising pigs have passed the cost line.

There are still a few days to go before the Mid-Autumn Festival, and industry insiders believe that the national meat price will maintain a fluctuation of 0.1 yuan to 0.2 yuan before the festival. Pork prices have risen continuously in the past January, and pig farmers have basically decided to reverse the previous seven-month "cold winter".

Lean meat was sold to 16 yuan per jin in August.

Yesterday morning, at the Bali Village Farmers' Market, citizen Xiao Liu was preparing to choose ribs for home stew. Pork vendors quoted 18 yuan per jin for ribs and 16 yuan for lean meat. The price is nearly 2 yuan higher than in July, Xiao Liu said. "A rising tide lifts all boats. It has gone up a lot this month." The vendor said.

What marketers call "this month" refers to August, which has just ended. Livestock and poultry products in 480 markets across the country continued to rise in the fourth week of August, with the national average price of live pigs 14.94 yuan / kg and piglets 24.66 yuan / kg, according to data released on the website of the Ministry of Agriculture on Monday. the national average price of pork is 23.73 yuan / kg.

In Sichuan, meat prices in August are in line with the national trend. The price of live pigs in Sichuan has risen week by week, and the average monthly price of pigs has exceeded 14 yuan / kg to 14.17 yuan / kg, according to data from the Sichuan pig monitoring and early warning system in 68 counties of the province. In August, the ratio of pig to grain in Sichuan was 4.93 to 1 (break-even point was 6.0). This means that the benefits of raising pigs have exceeded the cost line, and pig farmers can finally get back to their costs.

Since the end of last year, pork prices have been falling for as long as seven months, which is called "cold winter" by the industry.

It is not expected to rise again before the Mid-Autumn Festival.

According to inquiry and monitoring data, yesterday (September 3) the average price of live pigs nationwide was 15.16 yuan / kg, up 9.93% from the average price in August. Analysts told reporters yesterday that since the end of last year, meat prices have been running low for more than 7 months in a row, and the trend of meat prices in August has reversed the declining trend and gradually increased.

There are still a few days to go before the Mid-Autumn Festival, will the price of meat still take advantage of it? Analysts do not agree with this, he said that the market demand has not fully recovered, pork continues to rise sharply without sufficient support, it is expected that there will be only a small change of 0.1 to 0.2 yuan before the festival. According to monitoring of farmers and enterprises in major cities across the country, analysts say the number of live pigs nationwide is expected to drop by 1.78% in September compared with August, which will lead to a gradual increase in demand for pork after the festival, or support a continued rise in meat prices.

There is a "pig cycle" in the aquaculture industry, to the effect that meat prices rise and fall periodically every two or three years. Does the decline in meat prices over the past seven months mean that a new round of ups and downs is about to begin? Analysts say the increase in large farming companies in recent years has made the "pig cycle" less obvious than it used to be, and if meat prices continue to rise in the second half of the year, another round of cyclical price movements is likely to begin.

 
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