Piglet prices hit a new record low and remained below pork prices for 8 consecutive weeks—Livestock and poultry prices in the 10 month, week 3

According to monitoring by the Ministry of Agriculture and Rural Affairs at markets and collection points in 500 counties nationwide, in the 10 month, week 3 (collection date: 10 month 22), prices of beef cattle and sheep rose week on week, while prices of pig products, eggs, chicken, commercial chicks, soybean meal, and layer feed fell week on week. Prices of fresh milk, corn, fattening pig feed, and broiler feed remained unchanged.

 

I. Prices of pig products.

 

The national average price of piglets was 18.45 yuan/kg, down 3.1% from the previous week. It fell week on week for 13 consecutive weeks, hit a new low for nearly 10 years for 9 consecutive weeks, and remained below the pork price for 8 consecutive weeks. It was down 26.6% year on year.

 

Piglet prices fell in all 29 monitored provinces nationwide.

 

Prices were higher in South China, at 19.68 yuan/kg, and lower in East China, at 17.15 yuan/kg.

 

The national average live pig price was 10.71 yuan/kg, down 1.7% from the previous week. It declined week over week for 7 consecutive weeks, reaching its lowest level in nearly 16 weeks, as well as its lowest level in more than nearly 3 months, and was down 13.1% year over year.

 

Live pig prices rose in Hainan and fell in 29 provinces, including Hunan, Hebei, Jiangxi, Hubei, and Sichuan.

 

Prices were higher in the Southwest region, at 11.36 yuan/kg, and lower in the Northeast region, at 10.14 yuan/kg.

 

The national average pork price was 20.59 yuan/kg, down 1.1% from the previous week. It declined week on week for 7 consecutive weeks, reaching its lowest level in nearly 16 weeks and its lowest level in more than nearly 3 months, down 10.9% year on year.

 

Pork prices fell in 28 provinces, including Anhui, Hainan, Jilin, Inner Mongolia, and Beijing; prices were unchanged in Shanghai and Ningxia. Prices were higher in South China, at 22.93 yuan/kg, and lower in the Northeast region, at 17.57 yuan/kg.

 

Experts said that last week, livestock producers actively marketed live pigs, increasing the supply of live pigs and pork. Pork consumption declined after the holiday, and prices fell somewhat. Looking ahead, live pig and pork prices are expected to fluctuate slightly this week.

 

II. Poultry product prices.

 

The national average egg price was 10.44 yuan/kg, down 2.9% from the previous week. It has fallen week on week for 5 consecutive weeks, reaching its lowest level in nearly 21 weeks, or its lowest level in more than nearly 4 months, but was up 19.5% year on year.

 

Egg prices in 10 major producing provinces, including Hebei and Liaoning, were 9.17 yuan/kg, down 3.6% from the previous week. They have fallen week on week for 5 consecutive weeks, reaching their lowest level in nearly 23 weeks, or their lowest level in nearly 5 months, but were up 26.1% year on year.

 

The national average chicken price was 22.31 yuan/kg, down 0.4% from the previous week. It has fallen week on week for 5 consecutive weeks, reaching its lowest level in nearly 15 weeks, or its lowest level in nearly 3 months, and was down 0.1% year on year.

 

The average price of commercial layer chicks was 3.82 yuan per chick, down 1.0% from the previous week. It fell week on week for 6 consecutive weeks, reaching its lowest level in nearly 22 weeks, but was up 6.1% year on year.

 

The average price of commercial broiler chicks was 3.22 yuan per chick, down 0.6% from the previous week. It not only fell to its lowest level since the beginning of this year, but also to its lowest level in more than 14 months, and was down 5.3% year on year.

 

III. Prices of cattle and sheep products.

 

The average beef price nationwide was 77.84 yuan per kilogram, up 0.3% from the previous week. It rose week on week for 13 consecutive weeks, reaching not only its highest level since the beginning of this year, but also its highest level in more than 2 and a half years, and was up 9.2% year on year.

 

Beef prices in 10 major producing provinces, including Hebei and Inner Mongolia, were 72.61 yuan/kg, up 0.3% from the previous week and rising week on week for 17 consecutive weeks. They are also estimated to have climbed to their highest level in more than nearly 2 years and a half.

 

Live cattle prices in major producing provinces were 30.86 yuan/kg, up 0.3% from the previous week and rising week on week for 13 consecutive weeks. They have also risen to at least their highest level since 2025, up 14.3% year on year.

 

The national average mutton price was 74.99 yuan/kg, up 0.1% from the previous week and rising week on week for 10 consecutive weeks. It not only reached its highest level since the beginning of this year, but also its highest level in more than nearly 2 years and a half, up 6.2% year on year.

 

Mutton prices in 10 major producing provinces, including Hebei and Inner Mongolia, were 73.54 yuan/kg, up 0.1% from the previous week and rising week on week for 10 consecutive weeks. They are also estimated to have climbed to their highest level in more than nearly 2 years and a half.

 

Live sheep prices in major producing provinces were 31.80 yuan/kg, up 0.2% from the previous week and rising week on week for 10 consecutive weeks, reaching their highest level since at least 2025, and up 7.8% year on year.

 

Four. Fresh milk prices.

 

The average fresh milk price in 10 major producing provinces, including Inner Mongolia and Hebei, was 3.10 yuan/kg, unchanged from the previous week. It was not only tied for the highest price this year, but also tied for the highest price in nearly 20 months, and was up 2.0% year on year.

 

Five. Feed prices.

 

The national average corn price was 2.42 yuan/kg, unchanged from the previous week, tying for its lowest level in more than 17 months. However, over these 17 months, it fluctuated within the range of 2.42 yuan-2.50 yuan, down 1.6% year on year.

 

Corn prices in the three northeastern provinces, the main producing region, were 2.30 yuan/kg, unchanged from the previous week.

 

The corn price in the main sales area of Guangdong Province is 2.47 yuan/kg, unchanged from the previous week.

 

The national average soybean meal price was 3.42 yuan per kilogram, down 0.6% from the previous week, reversing its upward trend and ending 9 consecutive weeks of week-on-week increases; it was up 4.9% year on year.

 

The average price of compound feed for finishing pigs was 3.37 yuan/kg, unchanged from the previous week and tied for the highest price in the past 19 weeks, up 0.3% year on year.

 

The average price of broiler compound feed was 3.49 yuan/kg, unchanged from the previous week and tied for the lowest level in nearly 9 weeks; it was unchanged year on year.

 

The average price of layer complete feed was 3.24 yuan/kg, down 0.3% from the previous week. It was tied for the lowest level in nearly 6 weeks, but was up 0.6% year over year.

 

Finally, based on the above hog and corn prices, Da Xu Mu’s editor calculated that the national hog-to-corn price ratio for the 10 month’s 3 week was 4.43, down 1.65% week over week to its lowest level in nearly 16 weeks.