Pig prices are expected to gradually stabilize and rebound, with the whole year potentially showing a pattern of "lower in the first half, higher in the second half, and narrow fluctuations."
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Golden Ten Data reported on April 18 that, according to the Ministry of Agriculture and Rural Affairs, the number of breeding sows nationwide has decreased for nine consecutive months since last July. In March this year, the number of newborn piglets saw its first year-on-year decline in 17 months, which is favorable for improving the supply and demand of live pigs and promoting a reasonable rebound in pig prices in the future. Relevant experts noted that, due to the relatively high production capacity and the inertia of increased market supply, current pig prices remain at a low level. As the effects of capacity reduction gradually become apparent, pig prices are expected to stabilize and rebound progressively, with the whole year likely to show a "low earlier, higher later, and narrow fluctuation" pattern.
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