Market analysis

Key characteristics of China's piglet market include the following:

• Piglet prices have failed to improve. Many sow and fattened hog raisers have continued to incur losses.
  
  
• Piglets are prone to diseases with recent changes in temperature and this has affected farmers' buying interest.
  
  
• In the piglet markets, few transactions were concluded. Given the lower prices and weak demand, more sow raisers are keeping their piglets for in-farm breeding while some are considering plans to limit piglet production.
  
  
• Persistent weakness in hog prices had discouraged farmers from buying piglets even though prices have fallen to a very low level.

Market forecast

Concluding, hog raisers are not likely to increase their purchases of piglets as most continue to incur losses. Piglet supplies in the markets have also increased as more hog raisers give up on raising piglets, thus reducing demand for piglets. Given such a situation, near-term piglet prices in China are seen weak.

ThePigSite News Team
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