Recently, due to the disruption of pig disease in northern China, long-term industry losses, the expectation of rising pig prices in the fourth quarter has been disappointed, and the production capacity has accelerated, and the elimination of sows has been sold at low prices. The elimination of sow prices to the "freezing point" is usually considered to be one of the bottom signals, the secondary market, listed pig companies stock price performance better than futures and spot, industry investors believe that 2023 for the pig farming industry's third loss year, 2024 new cycle is expected to open.
For next year's market, Zhu Zengyong believes that the whole year of sow can be in a state of reduction, then the overall supply and demand situation of pigs in the second half of next year will be improved, pig prices may gradually improve, the first half of the year may face a decline in consumption after the holiday, the overall production capacity is relatively abundant, pig prices should still be low shock.
Related pig companies also have some hope for next year's market, the above Wen's share related person said that the pig cycle and the future pig price is difficult to judge, the current should be in the new and old cycle transition stage, the company as a whole is cautiously optimistic about the future pig price, the pig price next year should theoretically be better than this year.
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