In 20th of 2015, According to Yancheng national bureau of statistics survey team has learned.  Pig production is on the high side and consumption demand has fallen; Last year pork retail prices fell by 3.4% year-on-year. The hind leg of pork retail price is 26.04 CNY /kg on average. 1.46 CNY cheaper than last year’s (27.50CNY). The highest average price in September, 27.48 CNY/kg; The lowest average price is in April, only 22.63 CNY/kg, In 30th of December the average price is 26.25 CNY/kg.

According to Yancheng adjustable China team unit survey of pig farmers, the four seasons of the average pig price is 13.88 CNY/kg, fell off 4.6%. In the middle of April 2014, soil pig price once dropped to 9.9 CNY/kg, became the lowest price in nearly three years. Pig grain ratio is as low as 4.2:1. Farmers’ heavy losses, each pig lost an average of 300 CNY of above. Some farmers’ even losses up to 500 CNY every head of pig.

Michael Boddington from Asian Agribusiness Recruitment Training Development (AARTD) has been involved in agribusiness in Asia since 2000. AARTD has office both in Vietnam Ho Chi Minh City and China Beijing. So AARTD has a thorough understanding of the Vietnam and China agribusiness industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email:michael@aartd.com

Source: http://www.pigcn.cn/Article/201501/378739.html