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Damn, raising pigs is actually that profitable.
Just now I watched an interview—apparently pig prices used to run on a three-year cycle.
When the market is good, you sell more for more money; when it’s not good, you take the money you made during the good times and use it to expand production—repeat this cycle.
With a 5-yuan cost, you can achieve a 20 yuan profit margin.
But in 2021, pig prices hit their highest point, attracting more people to raise pigs.
As a result, the market has now collapsed—those who entered in 2021 have lost even their last trousers, and they owe the banks a pile of money.
Everything is cyclical, but when the original cycle gets broken, you need to rethink: cut losses in time, or just don’t be that FOMO!