1. Analysis of local market conditions:

Today, pig prices across the country continue to rise on a large scale. Butchering companies have obviously raised prices to collect pigs, but most of them are low prices to make up for the increase, and local prices are high. There are even highs and lows.

Looking at different regions:

The price of pigs in the northern region is mainly stable.

The price of Sanyuan pigs outside Heilongjiang is stable, with the mainstream price at 11.2-11.6 yuan/jin; Jilin is stable, with the mainstream price at 11.3-11.8 yuan/jin; Liaoning is stable, with the mainstream price at 11.3-11.8 yuan/jin.

As pig prices rise, farmers are more motivated to sell pigs.

Although the large-scale market quotations tried to increase the selling price, the actual transaction price fell slightly.

The price of pigs in the southern region has increased steadily.

The price of Sanyuan pigs in Chongqing increased by 0.1 yuan/jin, and the mainstream price was 11.8-12.1 yuan/jin; in Sichuan, it increased by 0.2 yuan/jin, and the mainstream price was 12.1-12.6 yuan/jin; in Yunnan, it increased by 0.1 yuan/jin. The mainstream price is 11.2-11.6 yuan/jin; Guizhou is stable, the mainstream price is 11.7-12.2 yuan/jin.

Due to the limited production of large-scale farms at the beginning of the month, the market is still reluctant to sell at high prices, butchering companies are not purchasing smoothly, and the tight supply supports the rise in pig prices.

2. Baitiao and pork price data information

According to Quqingbao, the wholesale price of Baitiao in the national wholesale market mainly increased today.

However, after the rise in pork prices, the market has not digested the high-priced white bars well, and traders have an obvious wait-and-see mood.

The price of white-striped pigs in Xinfadi, Beijing is 13.5-15.0 yuan/catty; the rear rump tip is 13.0-14.5 yuan/catty; and the price of pork belly is 14.0-18.0 yuan/catty.

3. Progress of pig futures:

Last Friday, the market was affected by bad news such as the release of reserve meat, and the futures price adjusted weakly.

The main contract futures price opened at 22,620 yuan/ton and closed at 224,300 yuan/ton. The intraday high was 22,640 yuan/ton.

4. Views on the pig market outlook

Last week, the national weekly average price of three-yuan pigs was 11.72 yuan/jin.

The lowest price was 10.61 yuan/jin on the 30th, and the highest price was 11.87 yuan/jin on the weekend.

Pork prices fluctuated and rose mainly during the week.

After the National Development and Reform Commission released the regulatory news at the beginning of the week, pig prices experienced a brief correction, but then rebounded and rose.

This week is at the end of the month and the beginning of the month. The large-scale group farms have limited sales. The farmers also have strong expectations for the market in September. They are not very enthusiastic about selling at low prices. It is difficult for slaughter companies to reduce prices during the week.

In addition, the resumption of primary and secondary schools in various places and the cooler weather will benefit pork consumption.

Affected by the new coronavirus epidemic, there is a phenomenon of stockpiling in some areas.

The digestion situation of Baitiao in the market has improved, further pushing up the price of pigs.

Large-scale market sales will gradually return to normal next week.

On the consumer side, boosted by the festive effects of the Mid-Autumn Festival, the slaughter volume of slaughterhouses may increase.

However, market policy control pressure still exists, and the state and local governments are expected to release pork reserves before the Mid-Autumn Festival.

Taken together, Quotebao predicts that the upward pressure on pig prices will increase in the short term, with the national average price having upward pressure at 12.0 yuan/jin.

丨Source: Zhinongtong Quotebao丨Original author: Li Haiyan

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