Home » Pig prices continue to fall, and pork stocks are leading the rise! _ Oriental Fortune Network

Pig prices continue to fall, and pork stocks are leading the rise! _ Oriental Fortune Network

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On January 10, the pork sector opened low and moved high. As of the lunch break, the sector rose 3.84%, of whichHefeng sharesDaily limit,Superstar FarmingAonong BioTang Ren ShenZhengbang TechnologyWait for individual stocks to follow the rise.

New Year’s Day and Spring Festival is the traditional peak season for pork consumption. However, this year’s peak season is not busy, and the price of live pigs continues to fall. In many places, prices have fallen below 8 yuan per catty. It is understood that the price of live pigs has continued to fluctuate since 2021. Before September, the price of live pigs continued to run at a low level, with the lowest average domestic pig price reaching 11 yuan/kg. Entering October, the price began to rebound, and by the end of November, the price of live pigs once reached more than 18 yuan/kg. However, since December, the market has fallen again. As of January 7, 2022, the average domestic pig price was 15.4 yuan/kg, a drop of nearly 15% month-on-month and more than 50% year-on-year.

It is reported that in September and October of 2021, the price of pork fell to 18 yuan per kilogram. The “low price effect” triggered a wave of pork consumption. Many food companies stocked meat and prepared meat. The market marinated and enema appeared in advance, and the pork was overdrawn in the later period. Consumption.

  Guotai JunanResearch reportIt is believed that from a time point of view, the price turning point of this round of pig cycle is expected to be from April to June 2022, and the time window will continue to approach; from a spatial point of view, the accumulation of reproductive sows has reached about 7% in the first quarter of 2022. With low pig prices, it is expected to accelerate the sale, and the cumulative sale rate is expected to reach more than 12% by the end of the first quarter of 2022. At the same time, under the combined influence of the three cycles of supply, demand, and inventory, the price of pigs has begun to significantly decline to drive the clearing of sow production. The market’s expectation of the future reversal of the pig cycle will be reinforced, catalyzing the performance of the sector.

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(Source: 21st Century Business Herald)

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