Recently, the pig market has shown a rising trend, and the trend of the market is more obvious! Previously, after a short period of pig prices, the price rose and fell, however, the pig price fell only a "one-day trip", and the market once again showed a contrarian upward trend!
Today, the domestic pig market is mainly weak and stable, pig prices in many places in the north have stopped falling and rising, most of the south is running steadily, and only the southwest quotation is slightly weak! However, due to the rising bullish sentiment in the market, the pig price support has further strengthened!
On the one hand, as the pig contract 2407 price is currently at 16,285 yuan / ton, the market is bullish on the prospect of pig prices in June ~ July, in particular, the mainstream institutions believe that the pig price in August ~ September will rise above 9 yuan / catty, and the quotation in some areas may rise by 10 yuan / catty, which has a certain boost to the bottom-buying sentiment in the stage of the market. Judging from the feedback from the grassroots, in the north and south regions, the phenomenon of second breeding has increased again, the market has not reduced the mentality of buying the bottom, and the enthusiasm of the standard pig is high!
On the other hand, the pressure of slaughter at the breeding end is weak, and the sentiment of price reduction is strong! Affected by the destocking of sows, especially, in the second half of last year, pig prices have been running low for a long time, breeding losses have been highlighted, the capital chain of some pig farms has been broken, the passive elimination of production capacity has increased, and a large number of sows have been removed. Superimposed, there are more epidemic phenomena in pig farms, which further accelerates the adjustment of the pig inventory pattern, the number of sows is generally lowered, and the number of newborn piglets continues to decline, which also causes the scale of the appropriate weight pigs in the retail pig farms in the stage to be low, the pressure of selling pigs at the breeding end is weak, and the market has strong confidence in the price!
Therefore, supported by emotions, under the mentality of choosing the opportunity to enter the second breeding and the breeding end is reluctant to sell at a high price, the price of live pigs is rising against the trend! According to the analysis of institutional data, the slaughtering enterprises adjusted the price of pigs, it is expected that on May 16, the price of three-yuan pigs outside the country rose by 0.12 yuan/kg, and the price of live pigs rose to about 15.18 yuan/kg.
However, due to consumption in the off-season, pig prices may be difficult to form a unilateral trend, the price may be higher in shocks, in particular, the standard fertilizer spread is upside down, fat pigs have the opportunity to slaughter at a high price, the market bullish and bearish sentiment coexist, pig prices still hide the risk of falling back!
List of live pig prices in the north and south of the country on May 16: