What will happen to the price of live pigs in the future?

Wan Jinsong, Director of the Price Department of the National Development and Reform Commission, pointed out on the 19th that as the effect of central and local purchasing and storage "supporting the market" gradually appeared, coupled with the decrease in the number of newborn piglets from January to February this year, after a fattening period of about half a year, there will be a 7- The slaughter of live pigs in August has an impact, and it is expected that the price of live pigs may continue to rebound in stages in the future

On the 19th, the National Development and Reform Commission held a press conference

Wan Jinsong said that since the beginning of this year, the price of live pigs has fallen sharply due to the significant improvement in supply and the decline in demand

Wan Jinsong pointed out that as the effect of central and local purchasing and storage "supporting the market" gradually appeared, coupled with the decrease in the number of newborn piglets from January to February this year, after a fattening period of about half a year, it would have an impact on the slaughter of pigs from July to August.

Wan Jinsong said that in terms of important livelihood commodities, the "Opinions on Improving the Price Control Mechanism for Important Livelihood Commodities" has been issued and implemented after the review and approval of the Central Deep Reform Commission.

Wan Jinsong emphasized that China has another bumper harvest of summer grains this year, the production of "vegetable baskets" is advancing steadily, and there is a solid foundation for ensuring the supply and price stability of important livelihood commodities