China News Service, November 1st. According to the "National Development and Reform Commission" WeChat public account on the 1st, the enthusiasm of live pig farmers to sell slaughter has increased recently, and the price of live pigs has dropped to a certain extent.
According to the monitoring of the National Development and Reform Commission, from October 24th to 28th, the national average pig-grain price ratio was 9.66:1, which was still higher than the upper limit of the reasonable range of 9:1 determined by the pork reserve adjustment plan (according to the current corn price of 2.9 per kilogram). Converted to yuan, the upper limit of the reasonable range of the corresponding live pig price is 26 yuan per kilogram); the price of pork has increased by more than 40% year-on-year, and it is still in the first-level warning range for excessive rise.
In order to further ensure the market supply and price stability, and promote the price of live pigs to return to a reasonable range as soon as possible, the state will release the seventh batch of central pork reserves this year, and urges and guides local governments to intensify efforts to release local government pork reserves to form a joint force of regulation.
(Zhongxin Finance)
The picture is from the WeChat public account of the National Development and Reform Commission