Prediction on pig prices in December

At present, national pig production is low, and large scale marketing of hogs will basically end within one month. It’s predicted that the marketing of hogs in large numbers by farms in the Northeast will draw to a close at the end of November, and pig prices in the North will be stabilized in early December. In South China, pork consumption demand began to rise in late November as the phenomena of making preserved meat are increasing in Sichuan, Hunan, Hubei, and other southern provinces, and pig prices started to rebound in the South at the end of November. It’s predicted that pig prices in South China will continue to rise in December. On the whole, the large scale marketing of hogs in the Northeast will lead to a more serious shortage of hog supply before the Spring Festival, and pig prices are likely to hit another record high.
It’s predicted that pig prices in December will rise to CNY40/kg across the country.