National Development and Reform Commission: In the second week of September, the national pig-to-feed price ratio was 5.20, as oversupply dragged down pork prices continuously.
According to the financial and economic app, Zhitong Finance, the national pig-to-feed ratio in the second week of September was 5.20, a decrease of 1.33% compared to the previous week. Based on current prices and costs, the average profit per head of pig in the future piglet-fattening model is -77.18 yuan. The average price of pigs this week has decreased compared to the previous week. During the week, the pace of slaughter gradually recovered in the breeding end, leading to an increase in supply. However, with inadequate demand stimulation, slaughterhouse orders were limited, resulting in oversupply and continuous decline in pig prices. In the coming week, the slaughter volume at the breeding end will remain at a high level, and downstream market follow-up will be weak. It is expected that the average price of pigs next week will continue to decline, and the expected loss of profit in breeding will deepen.
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