Losing 400 yuan per pig sold! Some pig farming companies openly describe the losses as "extremely severe."

The Beijing News April 3 (reporter Zhang Rui) On April 3, this year’s second batch of centralized frozen pork reserve purchases began the listed bidding trading.

Xia Chenfeng, an industry analyst for the Nongxin Digital Intelligence platform’s hog industry, told reporters that the industry has entered a state of deep losses, and neither individual farmers nor group pig farming enterprises can avoid it. According to estimates by Qingqingbao, as of the last week of March, under a self-breeding and self-raising model, for each slaughtered pig of standard weight (about 120 kilograms), losses exceed 300 yuan. Under a model of purchasing piglets, because piglet prices are lower, losses are relatively smaller, but they are also above 200 yuan per head.

A person in charge of a breeding farm in Nanping, Fujian, with an annual output of more than 160k pigs, frankly told reporters, “The losses are ‘extremely severe.’ We started losing money right after the New Year. Now the whole industry is in deep losses, but many are still holding on. A loss of 300 yuan per head has already been considered relatively better.”

Feng Yonghui, chief analyst of the PigSoo.com / China Hog Alert Network, also told reporters that under the self-breeding and self-raising model, the loss per head has already exceeded 400 yuan per head.