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

Jingjing Beijing, April 3 (Reporter Zhang Rui) On April 3, this year’s second batch of central frozen pork reserve procurement and storage kicked off with a public bidding transaction.

A livestock-industry analyst at Nongxin Digital Intelligence, Xia Chenfeng, told the reporter that the industry has already entered a stage of deep losses, and neither individual small farmers nor large pig farming groups have been able to escape. According to calculations by Qihangbao, as of the last week of March, under a self-breeding and self-raising model, for each standard-weight pig finished (about 120 kilograms), losses exceed 300 yuan; under a purchased piglet model, because piglet prices are lower, losses are relatively smaller, but they are still above 200 yuan per head.

A person in charge of a large-scale breeding farm in Nanping, Fujian, with an annual capacity of more than 160k head, told the reporter candidly that the company’s losses were “extremely severe.” “We started losing money right after the start of the year. Now the whole industry has entered deep losses, but many are still holding on. A loss of 300 yuan per head is already considered to be doing relatively better.”

Feng Yonghui, chief analyst of Sogzhu.com / China Swine Early Warning Network, told the reporter that at present, under a self-breeding and self-raising model, the per-head loss level has already exceeded 400 yuan per head.