Recently, hog prices have continued to rise. According to China Fodder Industry Information Network, yesterday, the price of pigs in many places broke through the 19 yuan/kg mark, with an average price of over 18 yuan/kg. The farming industry is generally bullish on the future market, and some institutions predict that the high point of pork prices in 2024 will not appear until after July. In addition, piglets have become a "hot commodity". "Thanks to completing the pig replenishment in early April this year, otherwise the cost of farming would be too high." Ma Zhanru, a pig farmer from Hanzhang Town, Nanle County, Henan Province, told reporters that the price of piglets weighing about 15 jin was 450 yuan per head at that time, and now it has risen to 720 yuan per head, an increase of more than 50%. (Futures Daily)
“仔猪涨超50%”！生猪价格继续冲高
"Piglets surge by over 50%! Pig prices continue to rise."
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.