The price of live pigs rebounded significantly: As pig slaughter volume continued to decrease, coupled with the "Eleventh" and the Mid-Autumn Festival consumer led, the price of live pig products has risen sharply since September, hitting the highest this year. The price of live pigs rose both month-on-year and year-on-year, and the pig-to-food ratio rose above the break-even point of 5.5:1 for the first time, and farmers’ profitability continued to improve. The average price of piglets nationwide was 9.60 yuan per kilogram, which was 15.8% higher than the previous month. The average live pig price was 7.84 yuan, which was 9.3% and 1.2% higher than the same period of the previous year. The average price of pork was 12.82 yuan, up 6.7% from the previous month and 1.4% year-on-year. However, compared with the same period of last year, the current price of live pig products remained low. The average price of piglets, live pigs and pork from January to September was 8.24 yuan, 6.77 yuan and 13.9 yuan, respectively, down 39.2%, 17.9%, and 13.9% year-on-year respectively. Hog prices are expected to continue to rise.
The prices of other major livestock products have increased. With the deepening of scientific understanding of the bird flu epidemic and the gradual restoration of consumer confidence, prices of poultry products have continued to rise. However, compared with the same period of last year, the average prices of eggs, live chickens and suit chickens were 5.96 yuan, 9.84 yuan and 9.90 yuan respectively from January to September, down 11.9%, 12.2%, and 10.9% respectively. It is expected that the recent trend of rising poultry product prices will continue. The average price of beef and mutton in January-September this year was 18.42 yuan and 18.42 yuan, respectively, an increase of 4.9% and 5.1% year-on-year. According to the seasonal consumption habits of beef and mutton, the consumption demand for beef and mutton will further increase. It is expected that the price of beef and mutton will still rise steadily in the later period.
The prices of other major livestock products have increased. With the deepening of scientific understanding of the bird flu epidemic and the gradual restoration of consumer confidence, prices of poultry products have continued to rise. However, compared with the same period of last year, the average prices of eggs, live chickens and suit chickens were 5.96 yuan, 9.84 yuan and 9.90 yuan respectively from January to September, down 11.9%, 12.2%, and 10.9% respectively. It is expected that the recent trend of rising poultry product prices will continue. The average price of beef and mutton in January-September this year was 18.42 yuan and 18.42 yuan, respectively, an increase of 4.9% and 5.1% year-on-year. According to the seasonal consumption habits of beef and mutton, the consumption demand for beef and mutton will further increase. It is expected that the price of beef and mutton will still rise steadily in the later period.
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