Can Harvest Change the Super Pig Cycle?

A few days ago, the National Development and Reform Commission announced that the national pig grain price ratio has entered the second-level early warning range for excessive decline, and will guide all regions to carry out pork reserve purchase and storage

The low price of pigs and the unfavorable short-term trend are the main background for the current national and provincial level purchasing and storage measures

While the price of pigs is falling, the cost of breeding is at a historically high level.

Although this round of super pig cycle has not yet ended, some conclusions can still be drawn: superimposed on the factors of African swine fever and improper breeding restrictions, the decline in production capacity in the early stage has been unprecedented; Unprecedentedly high; breaking through some blocking points that have plagued the industry for many years, unprecedented policy support; unprecedented speedy recovery of production capacity, returning to perennial production capacity half a year in advance; unprecedented rapid price drop after production capacity recovery, and the price of live pigs quickly fell to 5 yuan a The momentum of transformation and upgrading is unprecedented, and the level of large-scale farming and the level of manure utilization has increased rapidly

In the past, there was an argument for ironing out the pig cycle, which now seems neither realistic nor necessary

Starting pork purchases and storage is only one of the means to stabilize pig prices

From a long-term perspective, to ensure the supply and price of live pigs, we must start from the production side and build a modern live pig industry