Consumer Staples Oct 08, 2021 09:18 PM (GMT+8) · EqualOcean
Financial Associated Press, October 8 (Xinhua) -- recently, the feed industry has ushered in a wave of "price rise tide". New hope, Zhengbang technology, Tongwei Co., Ltd., Zhengda Group, Dabei agriculture and other feed enterprises have successively issued price increase notices, with a price increase of 50 yuan to 100 yuan per ton, involving multiple feed product lines such as concentrated feed, suckling pig feed, chicken feed, fish feed and so on. Relevant data show that the number of fertile sows in China is rising rapidly, from 19.13 million at the end of September 2019 to 45.64 million at the end of June this year, an increase of 2.3 times. A large increase in fertile sows means that the supply of pigs is also increasing, resulting in a sharp decline in pig prices.
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