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06

2022

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12

The Trend of Pig Price in December

Source:

OIG+X

Due to the release of large pig production capacity in the middle and late November, there is no possibility of a large increase in short-term supply in December. Although the situation of strong supply and weak demand in the pig market will continue, there will also be some positive changes in the market:

Due to the release of large pig production capacity in the middle and late November, there is no possibility of a large increase in short-term supply in December. Although the situation of strong supply and weak demand in the pig market will continue, there will also be some positive changes in the market:

 

1. The operating rate of slaughter enterprises, the slaughter data, and the demand for live pigs will be increased.

2. The number of fattened pigs on hand decreased, and the weight of pigs on hand is average.

3. When the temperature drops, the cooking preserved and smoked pork will start.

4. After the price reduction of pork, the demand will also improve. Although the demand side declined year on year due to the epidemic and other factors, it will show an increase month on month in December.

5. At present, the pig price has dropped to 11 yuan, the self breeding pig farm is still profitable, but it has touched the cost line of the secondary fattening farmers. The breeders will be more reluctant to sell due to the continued price decrease.

 

It is believed that in December, with the decline in the number of pigs sold on the supply side and the decline in the weight of pigs sold on the market, the price of pigs is expected to stop falling and recover a little, while the increase of consumer demand will contribute to the pig price. Considering that pork consumption is not good as expected, some experts predict that the demand for smoked meat this year will drop by 20% - 30% compared with previous years, and it is expected that the pig price will increase in limited range.