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China - Hog prices down nationally 16.17% in last 6 weeks

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  • China - Hog prices down nationally 16.17% in last 6 weeks

    I have no idea if this is connected to the recent dumping of pigs into rivers:

    China - A report of 15,000 dead pigs found floating in Shanghai river - Ongoing

    China - Hundreds of dead piglets in ditch in Fujian province - March 8

    China - Dozens of dead pigs thrown in ditch in Shenyang, Liaoning province - March 1





    machine translation

    The hog prices continuing to fall Qingming price cut for the first time to the ancestors suckling pig 5 years

    2013 03 19, 2010 14:34 Source: Yangcheng Evening News to participate in interactive ( 0 ) 0

    Ushered into March annual the suckling pig sales season Reporters Wen-Hai Zhu photo
      Ching Ming Festival holiday date this year is April 4 to 6, 2011. Guangzhou people are known as experienced five years of suckling pig prices rose in the the Qingming Festival Golden Pig ancestors custom, the people of Guangzhou to buy suckling pig this year's Qingming finally "has a number of". 18, the Yangcheng Evening News reporter learned from a number of old restaurants in Guangzhou, ancestors suckling pig prices are no longer rising hog prices lower this year, the the Guangzhou Restaurant suckling pig 5 years 6% price reduction for the first time.

      Reporter learned that, since the end of January this year, by the hog production cyclical fluctuations, festive, seasonal decrease in consumer demand and other factors affect the the pig market supply and demand relationship increasingly loose, continued low prices.

    National pig slaughter as of March 6, the average price of 14.52 yuan per kg (in some areas has dropped to less than $ 12), a decrease of 3.26% compared with the previous week (February 27), is down 16.17% since late January.

    Lower hog prices are directly reflected in the top of the ancestors suckling pig. Reporters learned from the Guangzhou Restaurant, the Guangzhou Restaurant adjustment this year suckling pig is priced at 628 yuan / head, 6% lower than in 2012. Guangzhou Restaurant Group Office Director Zhao Liping told reporters: "This is the first time in the past five years, lower prices, although this year the pigs were lower than last year declined, but the labor costs, transportation costs still increased substantially, so little suckling pig price adjustment. However, the Guangzhou Restaurant suckling pig to buy this year, members of the public can obtain a large sponge cake and 50 yuan a dining coupons, consumers can go to the ancestors, were free to return the cooking suckling pig Guangzhou Restaurant consumer. "
      Yesterday, the reporter visited shopping walking street the Lianxianglou Taotaoju on restaurant and found the old restaurant door ancestors suckling pig began listing, however, the price does not change compared to last year. Lotus House, 2 kilograms of suckling pig price of 588 yuan / head, unchanged from last year; Tao Tao Ju suckling pig is 580 yuan / head is no change in the price. Addition, Whampoa Huayuan restaurant roast suckling pig is cheaper than last year sold 638 yuan last year, 3 kg of suckling pig, this year only 568 yuan.
      Care to buy black suckling pig
      Guangzhou City Industry and Commerce Bureau the carcass tube at the responsible person, buy a suckling pig, please verify animal products and quarantine certificate, Guangzhou livestock inspection certificate "and suckling pig carcass on meat inspection qualified Certified seal, and recommended as far as possible to the larger, reputable old, big restaurants to buy. Require the operator to purchase invoices and other documents issued by rights to convenient quality problem. Tan Chao

    zhttp://finance.chinanews.com/life/2013/03-19/4656881.shtml

  • #2
    Re: China - Hog prices down nationally 16.17% in last 6 weeks

    Apparently prices started to fall before the mass dumping of the pigs and hogs.

    machine translation


    Shaanxi hog prices for seven weeks in a row down the pig grain price has broken breakeven point
    March 17, 2013 16:10:46
    Source: Xinhua
    0
    Views: big in small】 【Print】
    [Error correction]
    Xi'an, Xinhua, March 17 (Reporter Chen Gang) reporter learned from the Shaanxi Provincial Price Bureau, Shaanxi Province, pigs , pork prices continue to decline, recent pig grain price has broken the breakeven point. Part of the pig farmers have varying degrees of loss, and the decline in hog prices trend unabated.

    Shaanxi Provincial Price Bureau Price Monitoring Branch of monitoring data, starting from mid-January, Shaanxi Province gate price of live pigs for seven consecutive weeks rapid decline, January 16 at 899.85 yuan per 50 kilograms down to 651 on March 13. 40 million, a decline of 27.61%; March 13 corn price of 110.90 yuan per 50 kg pig grain price ratio to 5.9:1, 0.1 points lower than the breakeven and continue downward trend . Currently, hog prices continued to show a rapid decline trend, an upward trend in the price of corn, the late pig grain price will also be expected to continue to decline.

    The main reason for Shaanxi rapid decline in hog prices include: First, by 2011 hog prices are too high, the impact of farming income increased, rapid new construction, expansion and succession Bulan sows rapid growth in 2012, increasing the breeding stock, the hog prices rapidly declining before the Spring Festival this year, some farmers reluctant to sell the psychological weakening centralized slaughter, even a sell-off. The festival subsided, pork prices dropped significantly. Third countries and places around the Spring Festival devoted to the reserves lower than the average market price of frozen pork, subject to certain pre pork prices have risen to suppress. Four high farming costs.

    Shaanxi Province, the price department expects hog prices in the first half of this year, there will still be somewhat reduced. With the festive season and climate impact in the second half of the increase in demand for pork, hog prices will rebound. Recommended Shaanxi departments should conscientiously implement the spirit of the Shaanxi provincial government "views on further stabilize hog production, cyclical fluctuations slow hog production as much as possible to prevent the ups and downs of hog prices do start the preparatory work to prevent excessive price of live pigs dropped plans. While strengthening market regulation, supervision and early warning and disease prevention and control work.

    Zhttp://news.xinhuanet.com/fortune/2013-03/17/c_115054943.htm

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