The central rural work conference was held in Beijing from December 25 to 26. The meeting stressed the need to do a good job in grain production and important Shenzhen Agricultural Products Group Co.Ltd(000061) supply, strengthen the mayor responsibility system of "vegetable basket", stabilize pig production and ensure the effective supply of livestock, poultry, aquatic products and vegetables.
Wang Na, research director of Everbright futures Shenzhen Agricultural Products Group Co.Ltd(000061) , told the Shanghai Securities News that at present, China's pig market is at the end of the "pig cycle" and the pig price is still in the downward stage. Recently, pig prices fell again after the early rebound. There is a risk of concentrated selling by farmers in the market, resulting in a reduction in pig supply. In addition, the occurrence of public health events will affect pig consumption, resulting in a greater risk of decline in pig prices. In this context, the state actively introduced the policy of stabilizing the price and supply of pigs to deal with the uncertain factors in the future.
Wang Na said that first of all, the state actively regulates pig prices, for example, by regularly starting the collection and storage policy to promote the stability and order of the market. Secondly, the state has issued certain pig ownership indicators to all provinces to stabilize the national pig production capacity. In addition, the state also reduced and exempted the operating costs of breeding enterprises through the adjustment of tax and other policies, and gave policy support to the breeding end. Feed cost is also an important factor affecting pig breeding. Therefore, the state may stabilize the breeding cost and avoid losses for farmers by increasing market investment and expanding imports.
(Shanghai Securities News)