The price of live pigs may rebound in the near future, but the room for growth is limited.
2024-10-30 10:48:01
Golden Ten Futures October 30th news, the supply side, the recent market can slaughter pig source or still increase the possibility, and the second fattening households or the fourth quarter of the concentrated slaughter, bearish pig market; and the demand side, November-December pork consumption season, demand and slaughter or storage is more obvious room for improvement; therefore, it is expected that the near future pig prices or storage rebound may be possible, but considering the centralized release of supply, pig prices or upward space is limited, most of the correction stage. The recent piglet prices or maintain a high level of volatility, mainly due to the industry bullish market in the first quarter of 2025 driven by emotional support.