Bottom support shows that the price of pigs has stabilized after breaking 15

Pork price situation: Today (3.15), the average price of hog slaughter nationwide was stable to 14.9 yuan/kg, compared with 14.58 yuan/kg in the same period of last year, up 2.2% year-on-year. The pork price reached 24.77 yuan/kg, compared with 23.44 yuan/kg in the same period of last year, which was a 5.7% year-on-year increase. The average price of piglets was 33.72 yuan/kg, up 17.3% year-on-year. The average price of sows was 1,748 yuan per head, up 9.8% year-on-year.

Slaughter prices in some regions (Unit: RMB/kg)

Heilongjiang 6.8

Jilin 7.2

Liaoning 7.1

Hebei 7.6

Henan 7.5

Shandong 7.4

Shaanxi 7.4

Shanxi 7.6

Gansu 7.4

Anhui 7.6

Jiangsu 7.5

Hubei 7.7

Hunan 7.7

Jiangxi 7.7

Fujian 7.4

Guangdong 7.8

Guangxi 7.8

Sichuan 8.0

Pork profitability: The national pig price ratio was 5.10:1 and the pig-to-food ratio was 6.68:1, down 5.5% and 5.1% year-on-year. Self-support slaughter heads are profitable at 271 yuan/head.

Feed cost: The price of corn, wheat bran, and batch materials nationwide was 2.23 yuan/kg, 1.8 yuan/kg, and 2.92 yuan/kg respectively. The retail price of soybean meal by farmers decreased to 3.35 yuan/kg, and the prices of corn and batch materials were 7.7% and 8.1% respectively.

Slaughter in circulation: The average spread of “meat-pig” in the country was 9.87 yuan/kg, and the gross profit in circulation slaughter was 268 yuan/head, which was 11.4% and 33.4% respectively.

Soozhu’s point of view: The average price of pigs slaughtered nationwide to 14.9 yuan/kg today was unchanged from yesterday, with no significant fluctuations in prices in most regions. Since the first time last Friday fell below the 15 yuan/kg mark, the pig price has remained stable at around RMB 14.9/kg in recent days, and the bottom has gradually become clear. In the short term, pig prices will still be slightly adjusted in this region, waiting for the recovery of regional circulation, and the market buying and selling will pick up.