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According to a report from the National Bureau of Statistics on July 26, according to the monitoring of the market prices of 50 important means of production in 9 categories in the national circulation field, the price of live pigs (external three yuan) was 15.
Since July, China has successively carried out three auctions of central reserve frozen pork purchasing and storage
The industry generally believes that the price of live pigs will be in a state of shock adjustment in the short term
Gao Feng, a spokesperson for the Ministry of Commerce, said a few days ago that from the current situation, with the gradual digestion of large pigs for hurdles in the early stage and the support of the national purchasing and storage policy, it is expected that the prices of live pigs and pork in the second half of the year will be stable and consolidate
Wan Jinsong, Director of the Price Department of the National Development and Reform Commission, pointed out that the excessive drop in live pig prices has been curbed, and the confidence of farmers has been restored
"It is expected that the price of live pigs in the third quarter will stop falling and rebound.