今日全国生猪收购均价呈现上涨态势，标准体重生猪平均价格为6.29元/斤，环比昨日上涨0.01元/斤， 上涨地区7个，下跌地区3个，稳定地区18个，全国生猪收购最低价为新疆，价格为5.5元/斤，最高价为 海南，价格为7.0元/斤。 今日猪价稳中震荡调整，东北地区高价稳定，部分低价区有涨，标猪主流价成交价5.9元。今日河南一 哥出栏价格要偏强1毛左右，广东大场稳定，但实际成交情况一般，主要靠缩量挺价，散户基本稳定没 啥变化。南北表现都稳。其中300-350斤猪源价格坚挺。综合来看，当前猪价处于供需博弈阶段，短期 可能维持震荡。重点关注大场出栏节奏，避免后期集中抛售。关注我带你了解最新的猪价行情。 来源：市场资讯 （来源：大佑农饲料） | | | 猪价(仅供参考) | | | | --- | --- | --- | --- | --- | | | | 2026/1/10 | | | | 地区 | 省份 與片 | 猪价 6.5~6.8 | 体重 110kg | 涨跌 本 | | | 山东 | 6.3~6.6 | 110kg | 跌 | | 华东 | 安徽 | 6.35~6.5 | 110kg | 本 | | | 浙江 ...

今日全国生猪收购均价呈现下跌态势，标准体重生猪平均价格为6.34元/斤，环比昨日下跌0.03元/斤， 上涨地区0个，下跌地区21个，稳定地区7个，全国生猪收购最低价为新疆，价格为6.1元/斤，最高价为 海南，价格为7.0元/斤。 今日大场、散户都偏弱，今日河南一哥出栏价格下调5-6毛，标猪主流报价6块3到6块4左右，画风突 变，广东大场挂牌价格稳定在6块2，其它大场回落区间在1-4毛都有，散户稳中偏弱1-2毛，标猪中大猪 都有偏弱情况。本轮涨跌大场波动较大，散户相对稳定。预计短期内行情会冲高后偏小幅震荡为主。还 有猪要卖的，逢高偏弱情况。出栏。切勿等待最后一个高点，有利润分批卖，分担后期风险。关注我带 你了解最新的猪价行情。 | | | 猪价(仅供参考) | | | | --- | --- | --- | --- | --- | | | | 2026/1/3 | | | | 地区 | સ્ત્ર સિ | 猪价 | 体重 | 涨跌 | | | 史六 | 6.5~6.8 | 110kg | 跌 | | | 山东 | 6.2~6.5 | 110kg | 跌 | | 华东 | 安徽 | 6.4~6.6 | 110k ...

来源：市场资讯 | | | 猪价(仅供参考) | | | | --- | --- | --- | --- | --- | | | | 2025/12/25 | | | | 地区 | સ્ત્ર (સ) 史河 | 猪价 5.9~6.1 | 体重 110kg | 涨跌 演 | | | 山东 | 5.7~6.0 | 110kg | 派 | | 华东 | 安徽 | 5.8~6.1 | 110kg | 涨 | | | 浙江 | 5.9~6.1 | 110kg | 流 | | | 江苏 | 5.9~6.2 | 110kg | 派 | | | 福建 | 5.6~5.7 | 110kg | 本 | | | 江西 | 5.4~5.6 | 110kg | 平 | | स्टेन | 湖北 | 5.6~5.8 | 110kg | 活长 | | | 河南 | 5.8~6.0 | 110kg | 涨 | | | 湖南 | 5.4~5.6 | 110kg | 演 | | | 广东 | 5.9~6.0 | 110kg | 本 | | 非南 | 广西 | 5.3~5.6 | 110kg | 消 | | | 海南 | 6.7~6.9 | 11 ...

Core Insights - The national average price for live pigs is stable at 5.65 yuan per kilogram, showing little change from the previous day, with 6 regions experiencing price increases, 4 regions seeing declines, and 18 regions remaining stable [3][4] - The lowest price for live pigs is reported in Guangxi at 5.2 yuan per kilogram, while the highest price is in Hainan at 7.2 yuan per kilogram [3] Price Trends - In the Northeast and North China regions, prices are stable with slight increases, with standard pig prices ranging from 5.5 to 5.8 yuan per kilogram [4] - In Guangdong, prices remain stable, while some low-price areas are experiencing a rebound of about 0.1 yuan [4] - Overall, after a previous decline, pig prices are showing signs of stabilization [4]

Core Insights - The national average price for live pigs has shown a downward trend, with the average price at 5.86 yuan per jin, a decrease of 0.02 yuan from the previous day [3][4] - There is one region with rising prices, 14 regions with falling prices, and 13 regions remaining stable [3] - The lowest price for live pigs is reported in Guangxi at 5.2 yuan per jin, while the highest price is in Hainan at 7.2 yuan per jin [3] Price Trends - In the Northeast region, prices have weakened by 0.05 yuan, with mainstream quotes ranging from 5.7 to 5.9 yuan [4] - In Henan, the price for pigs has remained stable but slightly weaker by 0.05 to 0.1 yuan [4] - In Guangdong, prices are stable, while scattered prices are showing a weak trend [4] Market Dynamics - The market for live pigs is currently under pressure, with a general weak performance observed [4] - There is some positive news regarding the initiation of the Southwest cured meat market, which may provide some support to the overall market [4] - Further cooling in the market is anticipated, indicating a need for monitoring future developments [4]

Group 1 - The average price of external three yuan live pigs in China increased to 11.66 yuan/kg on November 19, 2025, up by 0.07 yuan/kg from the previous day [1][2] - The average price of piglets rose to 19.12 yuan/kg, an increase of 0.01 yuan/kg, while the average price of white strip meat reached 15.49 yuan/kg, up by 0.02 yuan/kg [1][2] - The pig feed-to-meat ratio is now 3.50:1, which is an increase of 0.02 from the previous day [1] Group 2 - The northern pig prices generally experienced slight increases, while the southern market remained stable, contributing to the national average price rise [2][3] - The recent drop in temperatures has led to a slight recovery in terminal consumption, with an increase in slaughterhouse operating rates, boosting the optimism among breeders [2] - Despite the upward trend in prices, the overall supply of live pigs in November remains relatively high, and demand growth is limited, indicating that the price increase is largely driven by sentiment rather than fundamental supply-demand dynamics [2][3]

Core Viewpoint - The current trend of pig prices is concerning, as they are experiencing a slow decline without significant panic selling, indicating a stalemate between supply and demand [2][3][6]. Supply and Demand Dynamics - The market is currently oversupplied with pigs, leading to a situation where prices are not falling drastically, but the lack of panic selling suggests that producers are holding onto their stock [3][6]. - The expectation of increased consumption during the upcoming festive season is not materializing as anticipated, which is contributing to a bearish market sentiment [4][8]. Market Sentiment and Consumer Behavior - The sentiment among producers is weakening due to the continuous decline in pig prices, leading to a lack of confidence in holding prices [6][8]. - There is a concern that consumer spending on pork may not increase as expected due to tighter household budgets, which could further suppress demand [9]. Seasonal Factors - The timing of the Chinese New Year is later this year, which may delay the start of the seasonal consumption increase, particularly for preserved meats [10]. - The typical seasonal demand for pork is expected to be weaker than usual, as the festive consumption may not ramp up until closer to the holiday [10]. Price Fluctuations and Market Reactions - Recent price movements indicate a pattern of rapid fluctuations, with prices rebounding briefly before declining again, reflecting a lack of confidence among producers [12][13]. - Producers are likely to prioritize securing profits when prices rise, leading to a tendency to sell quickly rather than gamble on future price increases [13].

Core Insights - The average price of live pigs in China has shown an upward trend, with the national average price at 5.99 yuan per jin, reflecting a slight increase of 0.01 yuan compared to the previous day [3] - There are 13 regions experiencing price increases, 1 region with a price decrease, and 14 regions maintaining stable prices [3] - The lowest price for live pigs is reported in Guangxi at 5.6 yuan per jin, while the highest price is in Hainan at 7.3 yuan per jin [3] Regional Price Summary - In East China, prices range from 5.8 to 6.4 yuan per jin, with Jiangxi at the lower end and Hainan at the higher end [3] - North China shows stable prices around 5.9 to 6.2 yuan per jin across various provinces [3] - South China, particularly in Guangdong, maintains stable prices, while there is a noted increase in demand for pork in Northeast and North China regions [4] - The overall demand for fat pigs remains insufficient, with only minor increases in procurement volumes in certain areas [4]

Core Insights - The average price of live pigs in China has shown an upward trend, with the national average price at 5.98 yuan per jin, reflecting an increase of 0.02 yuan per jin compared to the previous day [3][4] - There are 20 regions experiencing price increases, 1 region with a price decrease, and 7 regions maintaining stable prices [3] - The lowest price for live pigs is reported in Guangxi at 5.6 yuan per jin, while the highest price is in Hainan at 7.3 yuan per jin [3] Price Trends - In the Northeast and North China regions, the price of standard pigs ranges from 5.9 to 6.2 yuan per jin, with an increase of approximately 0.1 yuan [4] - In Henan, a major market, the price has risen by 0.05 yuan, now quoted at around 6.1 yuan [4] - Guangdong's market price remains stable at 6.3 yuan per jin, indicating a strong price expectation in the northern regions while southern prices remain stable [4] Market Dynamics - The increase in pig prices is attributed to large-scale market demand, although overall demand remains weak, leading to a lack of significant price momentum [4] - Short-term price increases will depend on terminal demand, highlighting the importance of consumer behavior in the market [4]

Report Summary 1. Investment Rating No investment rating for the industry is provided in the report. 2. Core View The pork market is expected to be volatile and bullish. The operation suggestion remains to go long on dips. The supply of live pigs is sufficient, but it's difficult to purchase at low prices due to raw material support and the price - raising intention of group farms. The approaching May Day holiday provides short - term support for terminal stocking, but the consumption support is limited [2][21]. 3. Summary by Directory 3.1 Supply Situation Analysis The report mentions the sample enterprise's monthly chart of the number of breeding sows in stock (in ten thousand heads), the weekly chart of the average weight of commercial pigs sold nationwide (in kilograms), and the weight - based inventory structure of commercial pigs (in %). However, specific data analysis is not presented [5][7][11]. 3.2 Demand Situation Analysis The report includes the key slaughter enterprises'开工率 (in %) and the key slaughter enterprises' frozen product storage capacity rate (in %). But no specific data analysis is provided [13][16]. 3.3 Cost - Profit Analysis The report shows the self - breeding and self - raising breeding profit (in yuan per head) and the profit of purchasing piglets for breeding (in yuan per head), yet no specific data analysis is given [18][19]. 3.4 Market Outlook The supply side: Farms have a good enthusiasm for slaughter, and the slaughter end has no pressure in purchasing. Due to raw material support, group farms intend to raise prices. Although the supply of live pigs is sufficient, it's difficult to buy at low prices. The demand side: With the approaching of May Day, terminal stocking provides slight support, but the support time is short. It is expected that there will be a little stocking 1 - 2 days before the festival, and the consumption support is average. Overall, the pork market is volatile and bullish, and the operation suggestion is to go long on dips [21].