News summary
Domestic pig prices ushered in a sharp risevideopokertable, quotations in the north and south regions generally increased, and the Northeast region increased by nearly 0videopokertable.8 yuan/kg, and the mainstream price reaches 16.4-17 yuan/kg. The pork stock market strengthened accordingly, and Zhenghong Technology achieved five consecutive boards. Pig prices are expected to undergo a narrow adjustment, and farmers are increasingly hopeful about rising prices.
Newsletter text
[Market sentiment heats up, and pig prices rise sharply for three consecutive days]
Recently, the pig market has experienced a rapid rise, and prices have risen sharply for three consecutive days, from 15.65 yuan/kg on May 21 to 16.63 yuan/kg on the 24th, an increase of nearly 1 yuan/kg.
[The breeding end is eager for a rise, and the enthusiasm for entering the second education has increased]
As the bullish sentiment in the market heats up, the mentality of breeding companies that are reluctant to sell and hold prices continues to increase. The enthusiasm of secondary breeding companies to enter the market has gradually increased, and the rush to buy standard pigs has become more difficult for slaughtering companies to purchase, and the rise in pig prices has become obvious.
[The stock of Nengfengzhong sows dropped again month-on-month, and production capacity was further reduced]
According to the latest data from the Ministry of Agriculture and Rural Affairs, as of the end of April, the number of Nengfengxing sows in the country was 39.86 million, a month-on-month decrease of 0.1%, and production capacity was further reduced. Driven by market bullish sentiment, pig prices ushered in a rise.
[Pig companies 'stock market performance is eye-catching, Zhenghong Technology has stepped out of five consecutive boards]
The stock market is extremely sensitive to changes in the pig market. Driven by the rise in pig prices, pork stocks in the A-share market also ushered in a rise. Zhenghong Technology has a daily limit for five consecutive days this week and has stepped out of five consecutive days, attracting market attention.
[Logical analysis of the rise in pig prices]
There are two main logics supporting the rise in pig prices: first, the slaughter of pigs suitable for heavy standard has dropped month by month, and the supply of live pigs has entered a "cut-off period"; second, the supply and demand pattern of live pigs has reversed, and the market is bullish on the trend of pig prices in the third quarter. Farmers generally choose to gain weight and fatten, and the risk of pressing the hurdle is not great.
[The pig-to-grain ratio reaches 6.7:1, and farmers 'income increases]
With the continuous rise in pig prices, the ratio of pigs to food at the grassroots level has reached a level of 6.7:1, and farmers 'income from selling pigs continues to increase. Driven by the bullish sentiment in the market, the expectation for growth at the breeding end is growing day by day.