The price of pigs: The average price of pigs slaughtered nationwide today reached 14.33 yuan/kg, down 25.5% from 19.24 yuan/kg during the same period of last year; pork prices rose to 23.11 yuan/kg, down 23.6% from 30.23 yuan/kg during the same period last year; The average price of the Sanyuan piglets was 27.02 yuan/kg, down 41.6% year-on-year; the sow average price was 1,697 yuan/head, down 12.1% year-on-year.

Swine Earnings: The national pig price ratio was 4.53:1, and the pig/food ratio was 5.90:1, down 30.7% and 25.5% year-on-year. Self-supporting slaughter heads are profitable at 40 yuan/head.

Feed cost: The price of corn, wheat bran, and batch materials nationwide was 2.43 yuan/kg, 1.96 yuan/kg, and 3.16 yuan/kg respectively. Farmers got the retail price of soybean meal to 4.73 yuan/kg, and the corn and feed price were 0.0% and 7.5% respectively.

Slaughter in circulation: The average spread of “meat-pig” nationwide was 8.78 yuan/kg, down 20.1% year-on-year.

Viewpoint: Today, the price of pigs continues to decline, and the expected price is in line with the trend. Breeding profits remain sluggish. In addition to the group companies, pig farmers are extremely cautious about restocking the gilts in the second half of the year, causing sow prices to continue to decline. In the current situation of overall hog farming, it is recommended that aquaculture companies can selectively eliminate some of the sows, properly replace the gilts, adjust the structure of the pigs, safely survive the winter and ensure that they do not miss the next wave of market!