Group 1 - The average price of live pigs in China as of August 18 is 13.55 yuan/kg, down 0.21 yuan/kg from the previous week, marking a new low for the year [1][2] - Supply-side capacity is being actively released, but demand remains weak, leading to a significant drop in prices, which have fallen below the cost line for some farmers [1][2] - The supply pressure for live pigs is expected to be high in the second half of 2025, particularly in Q4, due to increased breeding stock and piglet numbers [1][2] Group 2 - The price of white feather broiler chicks has risen to 3.80 yuan/chick as of August 15, while the price of broilers has slightly decreased to 3.52 yuan/kg, indicating a mixed market [3] - The increase in chick prices is attributed to a tight supply due to reduced breeding and high culling rates, leading to a decrease in chick availability [3] - The update rate of grandparent stock has significantly declined in the first half of 2025, with a 29.62% year-on-year drop, impacting the overall supply chain [3]
中邮证券：猪价继续走低 官方强调落实产能调减政策
智通财经网·2025-08-19 08:32