Chinanews.com, August 17th. The National Development and Reform Commission held a press conference in August today. Spokesperson Meng Wei said when talking about pork prices at the press conference. To a certain extent, boost the enthusiasm of farms and farmers.
Meng Wei said that since July, in order to cope with the rapid decline in live pig and pork prices, the National Development and Reform Commission and relevant departments have listed a total of 50,000 tons of central frozen pork reserves for purchasing and storing, and instructing all regions to synchronize purchasing and storage to stabilize market expectations.
These policies and measures have effectively curbed the trend of rapid decline in live pig prices, and live pig prices have rebounded significantly.
At present, the price has rebounded by more than 15% from the previous low, and the price of pigs and grains has also rebounded rapidly after a brief drop below 5:1. From August 9th to 15th, it has risen to 5.71:1.
Meng Wei pointed out that although the previous decline in live pig prices had a certain impact on breeding profits, the overall recovery of domestic pig production capacity is good.
According to monitoring, as of the end of July, the country's live pig stock increased by 31.2% year-on-year, of which the stock of breeding sows increased by 24.5% year-on-year, which has returned to the level of normal years.
In the coming period, as consumption becomes prosperous, pig farming profits may gradually pick up, which will boost the enthusiasm of farms and farmers to a certain extent.
Meng Wei said that in the follow-up, the National Development and Reform Commission will continue to track changes in the stocks of live pigs and reproductive sows and pork price trends, give timely warnings, and actively guide farmers to rationally arrange production, and strengthen the market in accordance with the work plan for ensuring supply and price stability in the pork market. Adjust to prevent the prices of live pigs and pork from rising and falling.