Can pig prices rise across the board in 2024?

Mondo Three rural Updated on 2024-02-10

After the beginning of 2024, domestic pig prices have ushered in drastic changes, and a new round of good news has made many farmers have special expectations for this year's pig market. However, from the current medium and long-term trend of the entire market, the possibility of pig prices to usher in a sustained surge is very low. Whether it is from the perspective of consumption, or from the perspective of farmers' intention to sell pigs, it shows us that this wave of grassroots pig prices is not sustainable.

According to the relevant data released by the Ministry of Agriculture and Rural Affairs, the number of grassroots pigs is generally close to the normal level in previous years. Whether it is the main sales area of live pigs or the storage area, the pig production capacity in the north and south is relatively stable, and it is expected that the pig inventory will continue to show phased growth in 2024. And with the end of the Spring Festival, the seasonal consumption off-season will officially arrive! In the case of relatively sluggish demand for meat consumption, it is difficult to provide strong support for the pig market, which fully indicates that the pig ** will fall into the passive cycle again in mid-to-late February.

Judging from the trend of the pig market in the whole year of 2024, the domestic pig price in the first half of 2024 is likely to run weakly, and the elimination of pig production capacity will be further accelerated. Pig farmers are less likely to want to make a stable and lucrative profit in the first half of 2024. However, in the second half of 2024, with the completion of the elimination of production capacity in the breeding industry, many large and medium-sized pig enterprises have begun to lay out the pig market in the second half of 2024 in advance, so these all show us that the pig market in the second half of 2024 may be in sharp contrast with the first half of the year.

In the process of stable pig prices, farmers can choose the opportunity to sell pigs. When the price of pigs is fierce, we should pay attention to the cost of pig feeding, combined with the cash flow of pig feeding, selling pigs is the key. Lao Dao believes that in the process of vigorously promoting various favorable regulation and control policies of the state, the income of farmers from planting and breeding can be basically guaranteed. Here, I also implore everyone to take action, click [Looking] in the lower right corner of the article, and let us like the country's pig market series of favorable regulation and control policies.

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