China Piglet Weekly

Market analysis

Pig diseases such as swine fever and had recurred in some regions, resulting in a significant number of pig deaths in affected farms. To avert risk, most farmers shelved plans to replenish piglet stocks.

Higher corn prices this year also contributed to increased feed corn cost by about RMB40-50 per head of finished hog. This had also deterred some farmers from taking up piglet supplies.

A big number of small- and medium-sized farms have been active in reducing their hog inventories. Demand for piglets has thus declined. Some traders reported that the number of piglet buyers had declined by some 30 percent compared with a month ago.

Market forecast

Higher feeding cost and the recurrence of pig diseases will continue to dampen buying interest in China's piglet markets. Near-term prices are seen weak.

More of the latest Pig Industry News

•   High Contract Prices Take the Shine Off Spot
•   Weekly Review: Hogs & Pigs Report Brings Surprises
•   Producers to Found National Union of Hog Breeders
•   Supply to Continue to Exceed Demand for Live Pigs
•   NFUS Wary of Creation of Independent Defra Body
•   RSPCA Speaks Out Against Live Export Trade
•   Welfare Laws Fail Pigs Miserably
•   Getting Gilt Integration Right
•   Carbon Market Opportunities for Agriculture
•   Expansion of Food Borne Illness Monitoring Urged