Pork prices are expected to gradually stabilize and rise, with the whole year likely to exhibit the characteristic of "low in the beginning and high in the end, narrow fluctuation."
Today, reporters learned from the Ministry of Agriculture and Rural Affairs that since July last year, the national inventory of sows capable of reproduction has been continuously decreasing for 9 consecutive months. In March this year, the number of newborn piglets decreased year on year for the first time in 17 months, which is beneficial to improving the supply and demand of pigs and promoting a reasonable rebound in pig prices in the future. The Ministry of Agriculture and Rural Affairs will further improve comprehensive regulation policies for pig production capacity, take effective measures to promote reasonable price increases, accelerate the elimination of low-yield and high-aged sows, and weak piglets, and strictly control new production capacity. This will drive policy coordination in terms of production capacity control, environmental protection supervision, and promote. Instruct and urge breeding companies to slaughter accordingly, release positive policy signals, boost market confidence, reduce secondary fattening, and prevent disorderly slaughter. At the same time, intensify monitoring and early warning of pig production, enhance the forward-looking and accuracy of monitoring analysis, and the effectiveness of control measures. Guide leading enterprises to develop standardized and scaled farming through methods such as order farming and entrusted farming, support cooperation with farmers to improve their development capabilities. Relevant experts indicated that due to excessive production capacity and inertia increase in market supply, current pig prices are operating at a low level. As the effects of production capacity digestion gradually become apparent, pig prices are expected to stabilize and rise gradually, showing a feature of "low at the beginning of the year, high later, and narrow fluctuations" throughout the year.
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