The rekindling of African swine fever on the mainland has caused the price of piglets on the mainland to skyrocket, and the main pig futures contract has risen by more than 10% in the past two trading days.
According to the mainland “Jinling Evening News”, after the New Year, the price of piglets and the futures market in the mainland are “hot”, and some areas are “grabbing piglets”, and the price of piglets has repeatedly climbed to a high level. In early December 2020, piglet price had fallen to 84.04 yuan (RMB, same below) / kg, after which it stopped falling and turned up to over 100 yuan / kg before the New Year. The market price of piglets rose again after the New Year, and the latest offer has reached 1600 to 2000 RMB/head.
Meanwhile, the main contract LH2109 of hog futures rose 5.59% and 5.27% respectively in the last two trading days, with the latest closing price at 29,380 RMB/ton.
In addition, the recent A-share hog farming sector is also frequently rising, the same smooth iFinD shows that the pork sector on Friday (19) rose as much as 5.45%, 22 against the trend continued to rise 1.49%, with aquatic feed, hog farming and other industries leading shares of Tianbang shares appeared two stops.
And the reason for this phenomenon is the rekindling of the African swine fever plague.
Zhou Sha, chief analyst of Huaxi Securities agricultural team, revealed that there are more pig farms on the mainland where African swine fever virus is found, and the Epidemic is more serious in the north than in the south. At present, there are two solutions for African swine fever virus prevention and control, one is to clear the herd, which is a more long-term plan for large pig farms, but the loss is great and will affect the slaughter of pigs in the next 6 to 12 months; the other method is to pull the teeth, which is difficult to pull clean due to the strong concealment of mutated African swine fever virus.
In her opinion, this round of swine fever has a very big impact on sows, and will have a big impact on the future supply of pigs. The average price of pigs is expected to reach 25 to 30 yuan/kg in 2021, and the average profit per head will reach between 1,500 and 2,000 yuan.
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