The data in this column is summarized by the Xinfadi wholesale market data statistics department after daily statistics of hundreds of merchants in Xinfadi, which is exclusively published in Green Squirrel and reported to the Market Information Department of the Ministry of Agriculture at the same time.
Pork price movements
In the early part of last week (May 4 - 5 and 10), the average wholesale price of white pigs fluctuated slightly, and it fell steadily in the later part of the week.
Comparison chart of the average price trend of white pigs from the end of April to the beginning of May 2024 and the same period of the previous year (unit: yuan/kg)
On May 10, the average wholesale price of white pigs in Xinfadi market was 17.80 yuan/kg, down 5.07% from 18.75 yuan/kg in the same period last week (May 3); up 0.85% from 17.65 yuan/kg in the same period last month (April 10); up 6.91% from 16.65 yuan/kg in the same period last year. Significant week-on-week decline; Month-on-month increase slightly; Year-on-year increase is significant. At the end of last week, prices rose by 8.70% year-on-year, and the year-on-year increase narrowed at the end of last week.
Last week, the average daily listing volume was 1505.57 heads, an increase of 1.01% from 1490.57 heads last week (April 27-May 3), and a decrease of 5.82% from 1598.57 heads in the previous two weeks (April 20-26); down 2.58% from 1545.43 in the previous three weeks (April 13-19); This is 1.59% lower than the 1,529.86 head in the previous four weeks (April 6-12).
In the same period last year, the average daily market volume of white pigs was 1,760, a year-on-year decrease of 7.87%. Last week, it fell by 14.46% year-on-year, and the year-on-year decline last week was significantly magnified. The main reason for the increase in the year-on-year decline is that the week-on-week increase of 8.79% in the same period last year, while the increase is only 1.01% this year.
In the early part of last week, due to the May Day holiday, some slaughterhouses were closed, and the number of listings decreased, which also led to a slightly larger fluctuation in the number of listings, which made the average price of white pigs wholesale fluctuate. After the holiday, the slaughterhouse resumed normal trading, and the number of listings increased steadily, resulting in a stable price trend and a slight decline. At present, the single weight of the white pig sold on the market is generally large, generally concentrated in about 100 kg / head, the single weight of the white pig increases, in fact, the length of the pen is prolonged, generally speaking, when the pig flows into the secondary fattening link, it will boost the rise in pig prices, when the secondary fattening pig flows into the consumption link, the price of the pig will fall, and it is the stage of the second fattening pig slaughtered one after another.
Therefore, it is difficult for the price of woolly pigs to improve in a short period of time, and there is still the possibility of a slow decline.
Egg price movements
In the early part of last week, the price of eggs rose slightly, and in the latter part of the week, it rose first and then declined.
Comparison chart of the average price of eggs from the end of April to the beginning of May 2024 and the same period of the previous year (unit: yuan/kg)
On May 10, the average wholesale price of eggs in Xinfadi market was 7.39 yuan/kg, up 4.23% from 7.09 yuan/kg in the same period last week (May 3); up 7.26% from 6.89 yuan/kg in the same period last month (April 10); It was 22.78% lower than 9.57 yuan/kg in the same period last year (May 3). Week-on-week slight increase; Month-on-month increase slightly; Significant year-on-year decline. Last week, it fell by 26.60% year-on-year, and the year-on-year decline narrowed slightly last week.
In the early part of last week, the price of eggs rose slowly, and in the latter part of the week, it rose significantly, and then fell again. The fluctuation of egg prices has nothing to do with the market, mainly because the fluctuations in online quotations drive the market price to fluctuate. The current egg price, maintained in the chicken farm egg production break-even point nearby, chicken farms, mainly small and medium-sized chicken farms are basically in the small profit and slight loss between, from the perspective of the breeding industry, egg prices should indeed rise, to avoid breeding enterprises into a loss situation, but from the perspective of supply and demand there is indeed no basis for price increases. Therefore, in the recent period, egg prices will basically maintain a low state of operation, ups and downs, small adjustments, and it is difficult to have a trend of ups and downs.
Vegetable price movements
In the early part of last week, the overall price of vegetables rebounded, and fell rapidly in the latter part of the week.
Comparison chart of the average price trend of vegetables from the end of April to the beginning of May 2024 and the same period of the previous year (unit: yuan/kg)
On May 10, the weighted average price of vegetables in Xinfadi market was 3.02 yuan/kg, down 4.73% from 3.17 yuan/kg in the same period last week (May 3); down 8.76% from 3.31 yuan/kg in the same period last year. Significant week-on-week decline; There was a significant year-on-year decline. At the end of last week, prices fell by 8.91% year-on-year, and the year-on-year decline narrowed slightly last week.
In the early part of last week, it was still in the May Day holiday, and the unit canteen was still in a state of holiday, the number of admission purchases decreased, and the number of vegetables in the market also declined. Even with the decline in stocks, the overall price of vegetables has fallen due to the decline in demand. In the later part of the holiday, the purchase volume of the unit canteen increased rapidly, but the stock of vegetables in the market increased slowly, so that the overall price of vegetables rebounded in a short time.
However, this increase lasted for a short time, and once the demand increased, the market volume of vegetables would follow in time, and the price would continue to fall. Later last week, the number of listings increased, the supply was abundant, and the price dropped significantly.
Another reason for the decline in prices is the smooth connection of the vegetable supply chain. Previously, affected by the freezing rain and snow weather in February, some vegetables in the seedling stage or growth period were frozen, and the planting period of some vegetables was delayed, so after entering April, in the process of moving north from the production area, the vegetables in the middle and lower reaches of the Yellow River could not catch the stubble, and the price of individual vegetables rebounded in late April. After entering May, a part of the vegetables that were postponed before the market began to be listed, and the supply of vegetables moved north to the north of the Yellow River. The rapid decline in overall prices late last week is a sign of the rapid and abundant supply of vegetables.
In the latter part of last week, fresh and tender small varieties of vegetables produced in Beijing and surrounding areas passed the stubble change period, and also passed the transition period from greenhouse production to open field production, so that the prices of such vegetables remained low as a whole; The price of cauliflower and broccoli, which had previously had the phenomenon of stubble, decreased significantly in the late week due to the market volume of vegetables in central and southern Hebei; The bean vegetables produced in Shandong, Hebei and Liaoning have been listed in stages; Cucumbers in Hebei and Liaoning are also on the market in stages, and the prices of almost all eggplant vegetables that bloom first and bear fruit later have shown a steady and declining trend.
In addition, the supply capacity of some shelf-stable vegetables is also increasing, and the more representative new potatoes have completely replaced the new potatoes in Yunnan due to the large number of potatoes in Shandong. Henan new onions began to be marketed, which also replaced Yunnan onions; At present, the new carrots in Shandong have begun to go on the market, which has also replaced the new carrots in Fujian; Other shelf-stable green radish, Xinmei water radish, and Bian radish have also entered the stage of replacing stored radishes with freshly harvested radish. Chinese cabbage, cabbage, baby cabbage, and lettuce produced in the open field in the northern region are all replacing the vegetables produced in greenhouses, and the prices of such vegetables have decreased to varying degrees compared with the previous period.
After entering May, the origin of vegetables is close to Beijing, the transportation distance is close, the cost of preservation is reduced, and the production cost is reduced, which provides objective favorable conditions for the downward trend of vegetable prices, and the seasonal decline in vegetable prices is obvious. At the same time, the overall abundant supply of vegetables has also made the overall vegetable prices stable and falling. This state of supply will continue for some time to come.
Xinfadi Market Statistics Department Contributed Editor / Liu Huan
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