China: Adjust the stock of reproductive sows to an appropriate level in the first quarter of next year, according to the Ministry of Agriculture

Published 2021년 11월 17일

Tridge summary

The article highlights the increase in live pig prices, with the market showing positive trends and farms reaching break-even points. The Ministry of Agriculture and Rural Affairs has reported a notable rise in the number of new piglets, surpassing 30 million per month, which is expected to result in a significant increase in fat pigs by the end of this year and the beginning of the next. Despite this, there are concerns about potential price drops during the low consumption season after the Spring Festival. The national stock of reproductive sows has also seen a 6% increase, with the government working to reduce these numbers back to normal levels. The adjustment of stock levels is anticipated to be complete by the first quarter of next year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

We see that the price of live pigs is picking up, and the farms are back above the break-even point. Will this upward trend continue? According to the monitoring of the Ministry of Agriculture and Rural Affairs, since March of this year, the number of new piglets per month on the national scale pig farms has been more than 30 million, and continues to grow. These piglets will grow into fat pigs for slaughter after 6 months of fattening. It is expected in the fourth quarter of this year. The fat pigs listed in the first quarter of next year will continue to increase significantly year-on-year, and the fundamentals of relatively loose market supply have not changed. Xin Guochang, Deputy Director of the Animal Husbandry and Veterinary Bureau of the Ministry of Agriculture and Rural Affairs: Special attention is the low consumption season after the Spring Festival, because the number of piglets born in August and September is still large. In March, there may be a certain amount of ...
Source: Chinaeconomy

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