What role will the establishment of the expert consultation committee on monitoring and early warning of the swine industry by the Ministry of Agriculture and Rural Affairs play?

On April 28, the Ministry of Agriculture and Rural Affairs held a founding meeting of the Expert Consultation Committee on Monitoring and Early Warning of the Pig Industry to discuss strengthening key work in monitoring and early warning of pig production capacity. Expert representatives at the meeting analyzed the current situation of pig production and sales, and provided opinions and suggestions on strengthening capacity monitoring and early warning. They believed that the current pig production capacity is being reduced in an orderly manner, prices are stabilizing and improving, the supply-demand relationship is improving, market confidence is returning, and the market outlook is expected to gradually improve. However, experts also reminded that pig farmers should implement capacity control requirements, properly arrange production and marketing plans, slaughter pigs at the right time, and avoid holding pigs for better market prices or blindly expanding production to speculate on market conditions, in order to avoid unnecessary losses.