holdempokerstrategy| The spot price of live pigs fluctuates at 14-16 yuan/kg, and the average price of slaughter is 15.26 yuan/kg: the risk of short-term market correction needs to be paid attention to

Newsletter summary

The spot price of live pigs fluctuated this month, and the supply and demand data showed that the stock and slaughtering quantity increased, but the breeding profit decreased, and the pig-to-grain ratio hovered at 6.HoldempokerstrategyThere is room for a long-term rise in the contract of .3710 09, so we need to pay attention to the market risk.

Text of news flash

[pig prices fluctuated this month, self-breeding profits declined] the spot price of live pigs fluctuated in the range of 14-16 yuan / kg this month, with an average price of 15.26 yuan / kg. On the supply side, the national stock of live pigs is 408.5 million, of which 39.92 million are capable of breeding sows. At the same time, the national dual energy breeding sows accounted for 94.55%, and three yuan breeding sows accounted for 5.45%. The number of commercial pigs was 8.4737 million, and the average weight of live pigs was 122.94kg. On the demand side, the slaughtering capacity of designated pig slaughtering enterprises across the country is 21.04 million, the operating rate of slaughtering enterprises is 27.10%, and the storage rate of frozen products is 24.03%. The price of corn this month is 2373 yuan / ton, and the latest price of soybean meal is 3382 yuan / ton. The cost price of purchased piglets is 1638.75 yuan per piglet, and the cost price of self-breeding and self-feeding is 1781 yuan per pig. However, the profit price of self-breeding and self-breeding was-35.58 yuan per head and that of purchased piglets was 100.02 yuan per head. In terms of policy, the national pig-to-grain ratio hovers around 6.37. Looking to the future, 09 contracts still have room to rise in the medium and long term, but we should pay attention to the risk of market correction in the short term. Investors should focus on the rhythm of the farmed end in order to make a wise decision.HoldempokerstrategyInvestment decisions.