China News Service, Beijing, July 20 (Liu Wenwen) The reporter learned from the Ministry of Agriculture and Rural Affairs of China on the 20th that Xin Guochang, the second-level inspector of the Animal Husbandry and Veterinary Bureau of the Ministry of Agriculture and Rural Affairs, reminded the majority of pig farmers that the high-profit phase has ended and the elimination should be accelerated. Do not "betting on the market" for low-yielding sows.

Data map: People are buying pork.

Photo by China News Agency reporter Zhang Yun

  At the regular press conference held on the same day, Xin Guochang said that starting from February, the price of live pigs had fallen for five consecutive months, and until the end of June, the retail price of pork in the country’s bazaar was 24.6 yuan (RMB, the same below). The historical high of 59.64 yuan in February last year fell by more than half.

  Xin Guochang said that the main reason for the current price drop is that production capacity has recovered well and market supply has increased accordingly.

According to statistics from the National Bureau of Statistics, at the end of June, there were 45.64 million reproductive sows in the country, equivalent to 102% of the end of 2017, and the number of live pigs was 439 million, returning to 99.4% at the end of 2017.

In the first half of the year, the output of pork was 27.15 million tons, a year-on-year increase of 35.9%, and the supply and demand situation continued to improve.

According to the statistics of designated slaughter enterprises by the Ministry of Agriculture and Rural Affairs, the slaughter volume of slaughter enterprises above designated size was 22 million in June, an increase of 66% year-on-year.

  What is the future market trend?

Xin Guochang believes that overall consumption will increase in the second half of the year, but from the perspective of production growth inertia, pork supply will also increase.

Based on the analysis of two factors, it is possible that the overall supply and demand of the pork market will be balanced for a period of time in the future.

As consumption becomes more prosperous, it is possible that pig raising can return to normal profit levels.

  But he also reminded the majority of pig farmers that the high-profit phase of pig raising is over and they should not "betting on the market."

"Pay more attention to the official warning information, speed up the elimination of low-yielding sows, don't blindly press the pens, and make them out of pens in an orderly manner. Don't arrange production with a speculative mentality." (End)