South Korea: next year’s money will be the same as this year

[Reporter Lee Il-ho, Livestock Newspaper] 5,000 won from June to September... Estimated slaughter of 18.2 million heads It is predicted that the average pig price next year will be slightly below this year's level, but the production cost will exceed it. The Chung P&C Research Institute (CEO Jeong Young-cheol) recently released a forecast for the pig market for 2022 that reflects the sow feed production, seasonal index, and predicted pork imports. According to this, the number of pigs slaughtered next year is expected to be 18,161 thousand, and the average annual price of pigs will be 4,450 won per kg of carcass (excluding Jeju, etc.). It is predicted that the number of pigs slaughtered will decrease by 0.8% this year, which is expected to be 18.3 million heads, and the average annual pig price, which is expected to average 4,642 won this year, will be lower by 4.1%. In particular, the price is expected to be around 5,000 won in June-September ...