Pig breeding cost being expected to fall

In 2004, pig feed price in domestic kept high price bringing up pig breeding cost. Corn, as the main material, its year-average price is as high as 1.4yuan/kg, rising by 40% compared with 2003, and the price of lysine, fishmeal, barley, bran and rice chaff is also in high price, comprehensive average price rose by 30% last year.

Predicted by party concerned, whole output of wheat, corn, barley and rye will reach 1,615,000,000ton, increasing by 10% compared with 2004. Global wheat output of 2005 will be the new record of 618,000,000ton, rising by 12%, and output of corn, barley, rye will reach 997,000,000ton, rising by 9%. At the same time, Chinese grain is in a good harvest in 2004, cultivated area of autumn sowing grain crops is also enlarged increasingly, output of summer grain crops are expected to rise, and supply of grain and feed will be more. As a result, pig feed price is estimated to go down in 2005, and pig-breeding cost will be brought down. Since grain demand in China exceeds the supply as a whole, the space for grain price falling is small. Though feed price will fall, falling rage in pig breeding cost is small.

Source: www.chinafeed.info