Feed prices continue to rise Pig farmers face a new round of losses?

The pig farmers may face a new round of losing pork prices, but the feed prices have not fallen, and there has been a clear upward trend recently. Labor costs and transportation costs are still rising. Many pig farmers may face a new one. The loss cycle of the round.

Shandong is one of the largest provinces in China for pig production. Meng’s status quo indicates that the price of live pigs fell below 14 yuan per kilogram for the first time this year and has fallen to the lowest price since May last year. If the calculation is based on the average price of 2.2 yuan per kilogram of corn, Shandong pig breeding industry has entered the warning line of loss.

Pork prices are expected to remain stable for a period of time in the future. In terms of market rules, there are bound to be some fluctuations. However, most of the free-living households are always chasing down. So, is this a normal seasonal fluctuation in the end or the beginning of a new round of soaring pork prices?

Feng Yonghui, chief analyst of China Live Swine Early Warning Network, is very optimistic. He believes that it is not the beginning of a new round of decline but temporary fluctuations. Pork prices are expected to remain stable for some time in the future.

Feng Yonghui said that another 0.50 yuan drop in pork prices may be the bottom line. Before and after the "May 1st", there was a slight rebound in pork prices. In summer, the price will be fine-tuned, and it will fall slightly later, but this year's price will not be too low.

According to Chen Chong, Director of the Shandong Provincial Price Bureau, the price of agricultural and sideline products including pork prices this year is still the focus of the price department. If necessary, relevant departments will start buying pigs and stabilize pig prices.