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According to monitoring by the Ministry of Agriculture and Rural Affairs, the number of reproductive sows nationwide in January and February increased by 1.1% and 1.0%, respectively, and 35.0% and 34.1% year-on-year. At the end of February, the national stock of reproductive sows was equivalent to 95.0% of that at the end of 2017, and the national stock of live pigs remained above 400 million. In February, the slaughter volume of designated pig slaughter enterprises above designated size nationwide was 14.24 million head, a year-on-year increase of 71.2%.
In the second week of March (March 8-14), the national market price of pork was 46.26 yuan per kilogram, falling for 7 consecutive weeks, down 20.9% year-on-year, and 7.96 yuan lower than the highest price in January and 13.38 yuan lower than the highest price last year.
Taking into account the recovery of pig production in the early stage, the number of newborn piglets, pig feed sales, and other factors, it is expected that in the first half of this year, the pig slaughter volume will increase by about 65% year-on-year, and the pig slaughter volume will continue to maintain the trend of a large increase. March-April is the low season for pork consumption, and it is expected that there is room for the pork market price to fall.
March 18, 2021/ Ministry of Agriculture and Rural Affairs/ China.
http://www.moa.gov.cn/
