Pig prices fall to the third warning range, and the National Development and Reform Commission will carry out reserve adjustment.

　　The National Development and Reform Commission (NDRC) issued a three-level warning on the excessive drop of live pig prices on the 16th, and said that it would pay close attention to the trend of live pig production and market prices with relevant departments, and timely carry out reserve adjustment to promote the smooth operation of the live pig market.

　　Recently, the price of live pigs has continued to decline due to the combined effects of concentrated slaughter of large-weight pigs, increased imports of frozen pork and weak seasonal demand. According to the prices of livestock products and feed markets in the second week of June released by the Ministry of Agriculture and Rural Affairs on the 16th, the average price of pork in China was 27.77 yuan per kilogram, down 5.7% from the previous week and 40% year-on-year. Pork prices have generally declined in 30 monitored provinces across the country.

　　According to the National Development and Reform Commission, according to the monitoring, from June 7 to 11, the national average price of pig food was 5.88 to 1, which entered the three-level early warning range of excessive decline set by the "Improving the government pork reserve adjustment mechanism and doing a good job in ensuring supply and stabilizing prices in the pork market" (hereinafter referred to as the "plan").

　　Accordingly, the National Development and Reform Commission issued a three-level warning for the excessive drop in the price of live pigs, prompting farms (households) to scientifically arrange production and management decisions and maintain the production capacity of live pigs at a reasonable level. Previously, the National Development and Reform Commission, together with the Ministry of Finance, the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce, the General Administration of Market Supervision and other departments, jointly issued the "Pre-plan" to give play to the regulatory role of the government’s pork reserves, and insisted on both "raising" and "lowering" the prices of live pigs and pork, so as to ensure stable prices with stable supply and promote stable supply with stable prices. When the price is too high, reserves will be put in to protect the consumption needs of residents, push the price down to a reasonable range, and avoid excessive expansion of pig production capacity; When the price is too low, purchasing and storage will be started to support the market, which will give farmers a "reassurance" and avoid excessive elimination of pig production capacity.

　　The Ministry of Agriculture and Rural Affairs has also continuously introduced measures to guide the regional scientific planning of pig breeding layout, strengthen the connection between pig production and marketing planning, and encourage the exploration of a long-term mechanism for compensating production areas in sales areas. Actively explore the establishment of grading management system of farms, adopt differentiated management measures, explore the establishment of pig capacity reserve system, improve regulatory policies, etc., and strive to prevent pig production and price ups and downs.