Consumer Staples Jun 18, 2021 02:34 PM (GMT+8) · EqualOcean
Sichuan Provincial Development and Reform Commission issued a notice, since the end of January this year, pig prices have continued to fall. Especially in the near future, due to the superposition of many factors, the price of live pigs has decreased significantly. According to the monitoring of our commission, as of June 17, the average price ratio of pig to grain in Sichuan Province was 4.90:1, which entered the early warning area of moderate price drop (yellow) set by the "Sichuan province plan for mitigating the cyclical fluctuation of pig market price" (hereinafter referred to as the "plan"). On June 18, our commission issued a moderate decline in pig prices (yellow) warning to remind farms (households) to scientifically arrange production and operation decisions to avoid large losses and maintain pig production capacity at a reasonable level.

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