August 23rd Pig Quotation! Pig Prices Skyrocket! Continuous Surge! The Overall Situation Is Settled!

August 23rd Pig Quotation! Pig Prices Skyrocket! Continuous Surge! The Overall Situation Is Settled!

Views:252     Publish Time: 2024-08-23

Hello!Everyone!This is a hot topic in the pig price market. I am a seasoned expert in agriculture, rural areas, and farmers! With the official arrival of the second half of 2024, the grassroots pig market has ushered in an unstoppable price increase trend. The mainstream purchase price for grassroots pigs has  reached over 20 yuan per kilogram. Although there have been short-term fluctuations in pig prices in the past two days, this has not affected the long-term positive trend of pig prices. Especially on August 22nd, pig prices in various regions of the north and south once again saw a new round of upward trend, which fully indicates from another perspective that the market is still in a stable and positive cycle.

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Based on the purchasing situation of grassroots pig slaughtering enterprises, it can be seen that the output of grassroots pigs has been continuously declining due to the influence of choosing to hold up the fence and bear the price in the breeding end. In addition, the overall inventory of sows capable of breeding in China is relatively low, which also determines that the number of pigs slaughtered at the grassroots level will be at a low level in the medium and long term.

The supply and demanded  relationship in the market determines whether pig prices can maintain long-term upward trend. Lao Dao believes that with the gradual recovery of meat consumption demand, while pig breeding enterprises choose to sell sparingly, the favorable consumption will inject new upward momentum into grassroots pig prices. Especially in the foreseeable future, there will be an increasing number of acquiring entities entering the market for acquisitions. After all, with the opening of primary, secondary, and tertiary schools, as well as the arrival of major holidays such as Mid Autumn Festival and National Day, it will inject new impetus into grassroots meat consumption.

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Moreover, the overall scale of pork imports in China is currently smaller than the same period in previous years, and the overall trend of the pig market remains favorable, which is definitely not a problem. For us farmers, the most crucial thing at this moment is to pay attention to weather and disease conditions. The occurrence of extreme weather events may have an impact on the transportation of pigs, and while high temperatures continue to occur, it is also likely to exacerbate the risk of disease in pig farms. These are major issues that pig farmers need to pay attention to.

In terms of purchasing piglets, farmers should also pay attention to the fact that if the price of piglets is significantly increased, it is likely to exacerbate the cost of raising pigs for farmers. If there are short-term fluctuations in grassroots pig prices in the future, the breeding income of farmers is likely to face dilution. So choosing the right timing and selling pigs in the right cycle is the core.

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In the coming period, pig prices are likely to rise first, and cow and sheep prices are also likely to experience positive changes. We hope that pig farmers can closely monitor market trends and pay more attention to price news. In 2024, the government has formulated a series of regulatory policies for rural economy. It is believed that with the implementation of these favorable policies, the living standards and conditions of farmers will be further improved. 

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