Source: Chinese pig industry

Recently, the Ministry of Agriculture and villages, the National Development and Reform Commission, the Ministry of Commerce, the General Administration of Customs and the National Bureau of Statistics jointly released pig product data for the first quarter of 2024.

I. Pig production

1. According to the monitoring of the Ministry of Agriculture and VillagePlaycryptogamesandearnAt the end of the first quarter of 2024, 39.92 million sows were kept in stock, a decrease of 3% from the quarter to the previous quarter.Playcryptogamesandearn.6%, down 7.3% from the same period last year.

2. 408.5 million live pigs were kept at the end of the first quarter of 2024, down 5.9% from the previous quarter and 5.2% from the same period last year.

3. 194.55 million pigs were produced at the end of the first quarter of 2024, down 2.2% from the same period last year.

4. In March 2024, the designated slaughtering number of pigs above the scale was 25.45 million, an increase of 20.9% over the previous month and a decrease of 4.6% over the same period last year.

5. From January to March 2024, the slaughtering capacity of designated pig slaughtering enterprises above scale was 83.74 million, an increase of 7.0% over the same period last year.

6. Pork production in the first quarter of 2024 was 15.83 million tons, down 0.4 percent from the same period last year.

II. Price situation

1. In March 2024, the national selling price of binary sows was 33.82 yuan / kg, up 1.9% from the previous month and down 10.6% from the same period last year.

2. In March 2024, the national price of piglets was 32.11 yuan / kg, an increase of 14% over the previous month and a decrease of 15% over the same period last year.

3. In March 2024, the national pig appearance price was 14.85 yuan / kg, down 0.8% from the previous month and 4.4% from the same period last year.

4. In March 2024, the price of white striped pig in the national wholesale market was 20.18 yuan / kg, down 8.4% from the previous month and 2.0% from the same period last year.

5. In March 2024, the price of white striped pig in 36 large and medium-sized city wholesale markets was 19.71 yuan / kg, down 6.4% from the previous month and 4.6% from the same period last year.

6. In March 2024, the retail price of pork (lean meat) in 36 large and medium-sized cities was 30.52 yuan / kg, down 3.6% from the previous month and 7.2% from the same period last year.

7. In March 2024, the retail price of pork (hind leg meat) in 36 large and medium-sized cities was 28.13 yuan / kg, down 2.9% from the previous month and 9.8% from the same period last year.

8. In March 2024, the retail price of pork in county and township bazaars was 24.95 yuan / kg, down 6.0% from the previous month and 2.0% from the same period last year.

III. Import and export of live pigs

1. 92700 tons of pork were imported in March 2024, an increase of 31.8 percent over the previous month and a decrease of 39.3 percent over the same period last year.

2. In March 2024, 110600 tons of pig offal were imported, an increase of 35.6 percent over the previous month and 7.1 percent over the same period last year.

3. In March 2024, 2300 tons of pork were exported, an increase of 30.9 percent over the previous month and 3.2 percent over the same period last year.

4. In March 2024, 4800 tons of pig offal were exported, an increase of 1.4 percent over the previous month and a decrease of 10.5 percent over the same period last year.

A total of 256400 tons of pork were imported from January to March 2024, down 51.7 percent from the same period last year.

From January to March 2024, a total of 290900 tons of pig offal were imported, an increase of 0.6 percent over the same period last year.

A total of 6300 tons of pork were exported from January to March 2024, an increase of 4.9 percent over the same period last year.

From January to March 2024, exports of pig offal totaled 14800 tons, an increase of 7.8 percent over the same period last year.

IV. Cost and benefit of live pigs

1. The price of pig food in March 2024 was 6.04, down 1% from the previous month and an increase of 13.3% over the same period last year.

2. In March 2024, the output value of each free-range pig was 1986 yuan, down 3.1 percent from the previous month and 0.6 percent from the same period last year.

3. In March 2024, the cost of each free-range pig was 2056 yuan, down 3.7% from the previous month and 9.1% from the same period last year.

4. The net profit of each free-raised pig in March 2024 is-70 yuan.

5. In March 2024, the output value of each pig raised on a large scale was 2050 yuan, an increase of 1.0 percent over the previous month and a decrease of 1.1 percent over the same period last year.

6. In March 2024, the cost of each pig raised on a large scale was 1984 yuan, down 0.5% from the previous month and 11.5% from the same period last year.

The net profit of each pig raised on a large scale in March 2024 was 66 yuan.