Pig prices plummeted more than, farmers losses intensified!
The pig God of Fortune said: from the current grass-roots hog market market performance, farmers are faced with the test of the market has become more and more severe. Especially hog prices in the recent past has shown an accelerated downward trend, grass-roots hog mainstream purchase price is a new record low since the beginning of March. Now the grass-roots hog mainstream offer remains at 14.37 to 14.95 yuan per kilogram, hog prices fell ring to stay at 4.34% to 6.5%, farmers are expanding their hog losses. However, it is worth noting that corn and soybean meal prices are also ushering in a synchronized decline with the drop in hog prices, and now soybean meal prices are down 35 yuan per ton, with a final offer of 4,345 yuan per ton. Corn prices fell at 8 yuan per ton, quoted at 289 billion yuan per ton.
After converting the big data according to the grass-roots hog market, the hog-grain ratio stays at the level of 5.17:1. However, if the current pig prices continue to fall, the grass-roots hog grain ratio fell below five is only a matter of time, which also shows that at the end of March stage of weak meat consumption is difficult to grass-roots hog prices to provide strong support.
Farmers who are not able to treat the market with a normal heart, we continue to choose to concentrate on selling hogs, which will only exacerbate the market risk. Now some group farms are facing bigger and bigger losses, and the losses faced by farmers who choose to fatten twice are also expanding at an accelerated rate. From an objective point of view, grassroots hog prices are now in an excessive downward range.
So from the short-term market adjustment situation, at the end of March and early April the national development department is likely to start a new round of reserve meat storage to fully promote the price of hogs back to a reasonable range. Farmers are now facing the market challenges, although significant, but there is a policy level of regulation and control to ensure that everyone's losses will be improved to a certain extent. Especially into April, in the Qingming holiday boost, meat consumption demand will be adjusted back, the low price of pigs will then usher in the bottom rebound.
And with the official arrival of April, the grassroots hog prices can be improved after the farmers' mood to sell hogs will also change, supply and demand will also be from the loose state gradually returned to the reasonable, then the grassroots hog prices will naturally usher in the improvement of the rise. But in the medium and long term trend, pig prices want to maintain the possibility of high price level is not big. I hope that the majority of farmers can not blindly bet on the market, bet on the market, rational view of the current market pattern, combined with the actual situation of pig rearing pigs.
At the end of March, if the state does not start the reserve storage regulation, the grassroots hog prices still have a greater probability of continuing to show a downward trend of shock, I hope you can do it in mind.
The year 2023 as a comprehensive promotion of rural revitalization of the key year, I believe that as long as the national policy regulation can be accurate landing, our farmers farming income can be guaranteed. Here is still a plea to act, click on the end of the lower right corner at the end of the look, let us together for the country's pig price series of favorable regulatory policies point a praise.
Domestic pig price trend on March 28
Shanghai 7.7~7.9 down Shandong 7.4~7.7 down Anhui 7.5~7.7 down
Zhejiang 7.7~7.9 down Jiangsu 7.5~7.7 down Fujian 7.7~8.1 down
Jiangxi 7.5~7.7 down Hubei 7.4~7.6 flat Henan 7.3~7.6 flat
Jiangxi 7.5~7.7 down Hubei 7.4~7.6 flat Henan 7.3~7.6 flat
This is the first time in the world that the price of pigs has been reduced. 7.6 flat
Hunan 7.5~7.6 down Guangdong 7.8~8.1 flat Guangxi 7.5~7.8 flat
Hainan 6.9~7.1 flat Beijing 7.5~7.7 flat Tianjin 7.5~7.7 flat
Shanxi 7.4~7.6 up Hebei 7.3~7.6 flat Heilongjiang 7.0~7.3 down
Jilin 7.1~ 7.5 flat Liaoning 7.1~7.6 up Shaanxi 7.3~7.5 flat
Gansu 7.2~7.3 flat Chongqing 7.4~7.6 flat Sichuan 7.3~7.5 flat
Yunnan 7.1~7.3 up Guizhou 7.3~7.6 up