Raising feed prices or boosting hog prices rebound

According to a survey conducted by the Liu'an Investigation Team of the National Bureau of Statistics, the prices of soybean meal and corn, which are the main raw materials for feed in Lu'an City, have risen significantly recently. The price of soybean meal, in particular, has increased from RMB 3,750/ton in June to RMB 4,200/ton in June. It rose by 12% in a month and rose by nearly 30% from the same period of last year. It is understood that this increase was mainly due to North American soybean and corn disaster caused by reduced production and market speculation, is expected to fall in the market price is limited, but it will still affect the trend of hog prices in the second half. According to the pig food ratio parity ratio of 6:1, the price of feed will increase by 1 yuan, and the price of live pig will need to increase by 6 yuan to protect the capital. At present, the increase in the price of soybean meal and corn may push the price of pigs back to the upward trend; In the second quarter of livestock and poultry monitoring and survey, farmers are accelerating the adjustment of their livestock structure and reducing the scale of farming. The situation of oversupply will change. It is expected that in the second half of the year, hog prices will rebound due to the dual effects of cost growth and changes in supply and demand.

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