"Source of this article: China Securities Network"

 

The 2021 China Agriculture and Animal Husbandry Industry (Derivatives) Conference sponsored by DCE was held on September 23. Wang Zongli, the head of the National Animal Husbandry Station and the executive vice president and secretary general of the China Feed Industry Association, said in his speech that looking to the future, the fundamental hope for the long-term improvement of the animal husbandry and feed industry has not changed. The strong demand has not changed. China's agriculture and animal husbandry industry is forming a long-term track of deep integration, and the huge Chinese agriculture and animal husbandry industry is still full of vigor and vitality.

 

Wang Zongli said that since the beginning of this year, the recovery of live pig production has accelerated, and the breeding of aquatic products and ruminants has continued to grow, driving the rapid growth of feed production and consumption. From January to August 2021, the total national feed output reached 190 million tons, a year-on-year increase of 19.1%, of which pig feed production increased by 62.6% year-on-year, and aquatic and ruminant feed increased by 12.7% and 14.7% year-on-year, respectively. The production capacity of live pigs has recovered rapidly. The price of pigs has fallen, the substitute advantage of poultry meat has declined, the production capacity of poultry has been structurally adjusted, and the output of egg and poultry feed has declined to varying degrees year-on-year. The production of live pigs has remained stable, the production of poultry has been adjusted, and the breeding of aquatic products and ruminants has grown steadily. The national feed grain consumption is expected to exceed 200 million tons.

 

Wang Zongli said that my country's feed aquaculture industry is currently in a new stage of high-quality development, and factors restricting the development of the industry still exist, especially in the past two years due to the impact of the epidemic and changes in the international situation, the prices of bulk raw materials such as corn and soybean meal have fluctuated sharply, operating at a high level. , bringing serious challenges to the production and operation of enterprises and risk management and control. In the face of the current rapid changes in domestic and foreign markets, entity companies use futures tools to discover price fluctuations to avoid risks, which is of great significance to achieving their own stable operations. Commodity trading in the futures market is an important risk management tool for entity companies. Animal husbandry and feed companies need to master more The recent and long-term development trends of product prices, using the futures market to avoid risks.