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Pig Farming Loss Continues

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2014-07-30 17:54:18 来源:和讯网 

  According to Shandong Province Animal Husbandry and Veterinary Information Center, in Shandong Province in the 29th week of this year (July 14 – 20), the price of live pigs was RMB 13.33 / kg, up 4.47% month-on-month and down 4.79% year-on-year; the pork price stood at RMB 22.44 / kg, up 1.91% from the last month and down 5.04% over the last year.

  According to the analysis of Shandong Province Animal Husbandry and Veterinary Information Center, the significantly rising hog prices on the market recently have intensified the farmers’ reluctance to sell, leading to the hog market showing the false short supply again, which will further push up the prices. On the other hand, under the pressure of rising purchase prices and poor sales, some slaughterhouses have tried reducing prices in purchasing because of the farmers’ mentality of “selling with prices falling instead of rising”, and the market game between the two sides has been intensified.

  It is learned that in Shandong Province in the 28th week (July 7 – 13), the prices of live pigs and pork had picked up, ending the 3-week trend of weak prices. But the week only recorded a month-on-month increase of 0.24% for the prices of live pigs and 0.09% for pork prices. Despite the significant increases in the 29th week, currently it is still difficult for the pig farming to get out of loss.

  

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