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A new round of "pig cycle" is coming?

 Last Update: 2022-05-27
 Source: Internet
 Author: User

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Recently, the price ratio of pigs and grains has continued to be lower than 5:1, which is in the first-level warning range of excessive decline

Since the beginning of this year, due to the abundant production capacity and weak demand of live pigs, domestic live pig prices have continued to operate at a low level

In order to effectively stabilize the market price of live pigs, the National Development and Reform Commission and relevant departments have continuously issued early warning information, and have carried out the central frozen pork reserve purchase and storage work for many times

Regarding the trend of the live pig market and price, Meng Wei said that the domestic pig production capacity has gradually declined since July last year.

In addition, in recent years, China's ability to prevent and control pig epidemics has been greatly enhanced, and the breeding efficiency of sows has also improved.

Meng Wei introduced that from the perspective of the futures market, on April 15, the prices of futures contracts expiring in September and November were 8.

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