Steady! Steady! Are pig prices starting to rise? Expect double-digit pig price increases in October-December?
The downward trend in pig prices has finally eased, and it has recently shown a trend of stopping the decline and stabilizing. However, from the supply side, the current pig supply is at the peak of the year, and the rise in pig prices is still facing greater resistance. Especially on the consumption side, it is currently in a critical period of alternation between the off-season and the peak season, and the subsequent pig price trend needs to continue to pay attention to the boost of consumption.
Although pig farmers continue to choose to carry the price, pig slaughtering enterprises are facing increasing pressure to collect pigs. According to the current market situation, in the opportunity of rising pig prices, pig farmers also need to seize the opportunity to sell pigs. Here are three things to note.
First of all, since the beginning of October, the seasonal consumption season has officially arrived, and the pig farmers' pig sales income will be improved to a certain extent by the stimulation of favorable consumption. As consumer demand increases, rising pork prices will be a favorable signal for pig farmers.
Secondly, as more and more pig farmers choose to wait and see, the number of grassroots pigs has begun to decline, which makes it increasingly difficult for pig slaughtering enterprises to buy pigs at low prices. In this case, the caution and wait-and-see of pig farmers will have a positive impact on the market and may lead to better opportunities to sell pigs. The plan of pig slaughtering enterprises to collect pigs at low prices has gone bankrupt, and pig farmers' price control is working.
Third, driven by tourism consumption, the demand for meat procurement in catering channels is increasing, which will also make the pig market substantially improved. With the rapid development of the catering industry, the demand for meat has also increased accordingly, which is undoubtedly good news for pig farmers. The double festival is coming to an end, and domestic pork consumption will also decline by inertia.
Before mid-October, the enthusiasm of pork consumption may gradually weaken, and the pressure on consumption constraints may increase significantly. Personally, I predict that pig prices in mid-to-early October may mainly fall by a landslide, and after the double festival, pig prices may have the risk of falling sharply in a short period of time. After entering the middle and late stages, as the household consumption demand gradually recovers, the sentiment of selling at the breeding end gradually strengthens, the pig price prospect may gradually become clear, the market may have a strong trend, and the seasonal rebound of pig prices will also open.
The above views are for reference only, follow me to learn more pig price market information every day.
