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Pork prices recovered in November and lasted until after the Spring Festival
Add Time:2016.11.21    Views:601
In the early stage, the growth of pig storage column and the potential increase of pig output is expected to increase, the import of pig products will remain high, and China's pork supply and demand will be in balance. As temperatures continue to fall, pork consumption will rise, with pork prices expected to recover slightly after hitting bottom in November and continue until after the lunar New Year.
According to the latest monitoring by the ministry of agriculture, the number of slaughtering enterprises at the designated slaughtering enterprises in China was 1791.47 million in October, up 4.72 percent from the previous month, down 1.42 percent from the previous year. In January and October, the number of pig slaughtering enterprises in the whole country was 1668655 million, a year-on-year decline of 2.98%.
On November 7th and 13th, the average purchase price of pig meat for pig slaughtering enterprises in China was 8.63 yuan per kg, up 0.29 percent from the previous week and 3.36 percent from the same period last year. The average delivery price for white meat was 11.19 yuan/kg, down 0.22 percent from the previous week, and 1.91 percent higher than the same period last year.
Details of pork prices:
Pork prices fell for four consecutive months. The number of pig slaughtering in enterprises of scale and above has increased from the previous month, with year-on-year growth. Pork imports remained high and the price of pork continued to fall.
The price of pork was 28.42 yuan per kilogram in October, down 4.0% from the previous month, up 3.2 percent year on year, according to the ministry of agriculture's 500 market monitoring market. The price of live pigs was 17.06 yuan per kg, down 7.1% from the previous month and 0.2% from the previous year. The price of piglets was 41.74 yuan per kilogram, down 8.7 percent from the previous month, and was up 30.5 percent year-on-year.
In terms of weekly price, the price of pork rose to 31.56 yuan per kg in the second week of June. It fell to 27.97 yuan per kilogram in the fourth week of October, down 0.7 percent from the previous month and 2.9 percent year-on-year. The price of live pigs rose to 20.80 yuan per kg in the second week of June, and fell to 16.71 yuan per kg in the fourth week of October, down 0.1 percent from the previous month and 0.1 percent year-on-year. The price of piglets rose to 52.92 yuan per kg in the second week of June, falling for 20 consecutive weeks. In the fourth week of October, it was 40.17 yuan per kg, down 1.9% from the previous month and 29.3% year on year.
(2) the profitability of pig breeding is decreasing.
According to the ministry of agriculture, the price of pig grain was 0.23 points lower than last month, which was 8.76:1, and the profitability of pig breeding was decreasing. In October, the price of the fertilizer was 3.05 yuan per kilogram, down 1.0 percent from the previous month and 3.6% from the previous year. From week price, pig grain price comparison in the first week of June is 10.44:1 the all-time high of fall, after the first week in August fell to 8.87:1, 3 weeks up to 9.00:1 after basic at 9.00:1, on September 4 weeks began to fall, on October 4 weeks of 8.66:1.
(3) imports of pork from January to September were up 64.4% from the previous year.
According to the customs statistics, China imported 27.67 million tons of imported pig products in September, down 18.3 percent from the previous month, an increase of 83.1 percent from the previous year, and the import amount of $529 million, a year-on-year decrease of 21.4 percent, and 97.4 percent year-on-year. Exports were 2.67 million tons, down 0.7 percent from the previous month and 8.2 percent from the same period last year, with exports of $108 million, unchanged from the previous month and 4.8 percent year-on-year. The trade deficit was $421 million, down 25.5% from the previous month and 155.2 percent year-on-year.
In the january-september period, the total import of raw pig products was 236.80 million tons, an increase of 112.5 percent from the same period last year, and the value of imports was 44.5 billion us dollars, up 136.6 percent year on year. Among them, the import of imported pigs was 108.9m tonnes, an increase of 82.8% year-on-year. The import of fresh frozen pork was 127.85 million tons, which was 64.4 percent higher than that of the year before, and was up 146.7 percent year on year.
(4) us pork prices recovered slightly and eu pork prices fell back.
In June 2016, the price of pork cut in the United States went up to $87.96, which fell for two consecutive months. In September, it was $72.79 per hundredweight. In October, it was us $73.00, up 0.3% from the previous month, and 15.5% year-on-year. The price of lean pork, 51% to 52%, was $37.5 per share, down 13.5% from the previous month and 28.8% from the previous year. Eu pork prices fell for the sixth month in a row to 1656.43 euros in September, down 4.5 per cent from 1581.43 euros in October and 11.4 per cent year-on-year.
(5) local dynamics. Pork prices fell for four straight months, and pig prices retreated.
In October, the price of pork was 27.30 yuan per kilogram in chongqing, down 3.1 percent from the previous month and 1.2 percent year-on-year. The price of live pigs is 18.77 yuan per kilogram, down 0.1 percent from the previous month and 0.3 percent year-on-year.
In terms of weekly price, pork prices rose to 30.18 yuan per kg in the second week of June, and fell to 26.87 yuan per kg in the fourth week of October, down 0.8 percent from the previous month and 0.7 percent year-on-year. The price of the pig rose to 20.76 yuan per kg in the first week of June, and fell back to 17.42 yuan per kg in the fourth week of October, down 0.7 percent from the previous month and up 1.0 percent from the previous year.
According to the monitoring of 200 sample points from chongqing pig production, the piggy bank in September was 3.5 percent month-on-month and 3.6 percent from the previous month. In this case, the piggy bank was up 0.5% and the piglets were up 4.2 percent.
Pig earnings are lower. In October, the price of pigs in chongqing was 8.79:1, down 0.31 points from the previous month. From the change of the week, the price of pig grain fell to 8.886 in the fourth week of July, and then recovered from the second week of September to 9.16/1, which was once again reduced to 8.67:1 in the fourth week of October.
(6) judgment of market trend in the later stage.
In the early stage, the growth of pig storage column and the potential increase of pig output is expected to increase, the import of pig products will remain high, and China's pork supply and demand will be in balance. As temperatures continue to fall, pork consumption will rise, with pork prices expected to recover slightly after hitting bottom in November and continue until after the lunar New Year.
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