Zhongxin Finance, March 31. News from the National Development and Reform Commission’s WeChat public account on the 31st showed that according to the monitoring of the National Development and Reform Commission, the recent pig grain price ratio has continued to be lower than 5:1. The first-level warning range for excessive decline determined by the Price Work Plan.
The National Development and Reform Commission, together with relevant parties, has carried out the third batch of central frozen pork reserves this year. It is planned to purchase and store 40,000 tons of frozen pork on April 2 and 3.
If the price of live pigs continues to run at a low level in the future, the state will continue to carry out the purchase and storage work to promote the price of live pigs to return to a reasonable range as soon as possible.
Relevant analysis believes that the current price of live pigs has been running at a low level for a long time, and the possibility of further sharp decline is small.
It is recommended that farms (households) make reasonable arrangements for production and operation decisions, maintain the normal slaughtering rhythm of fattening pigs, and maintain the overall stability of the production capacity of reproductive sows without excessive elimination.
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