Pig grain ratio back to break-even point

after a long downturn, the ratio of pig grain prices is back above the break-even pointV5K
The National Development and Reform Commission (NDRC) announced yesterday (June 27) that as of June 19, the ratio of pig grain to the 6:1 break-even point after 15 consecutive weeks, which bodes well for the state-initiated plan to regulate the pig market since March this yearV5K
However, "Daily Economic News" reporter from the market institutions were informed that the current domestic pig prices are not large, terminal demand is still depressed, food enterprises slaughter volume has been reduced, there is no market good newsV5K
Since the end of January this year, the market price of pigs began to decline rapidly, the efficiency of farming enterprises continue to decline, the National Development and Reform Commission data show that on March 6 this year, the ratio of pig grain fell below the 6:1 break-even pointV5K
The National Development and Reform Commission said that in order to prevent excessive decline in pig prices, the relevant departments quickly launched the "Mitigation of the cyclical fluctuations in pig market prices control plan" (hereinafter referred to as the "Plan"), in various places to start the plan, and actively carry out local frozen pork storageV5K
Reporters were informed that this year, the National Development and Reform Commission for the pork market has implemented a total of two storage plans: one on April 18, the other on May 22V5K
　　Analyst Ji Guangxin told the "Daily Economic News" reporter, throughout April, pig grain prices have been at a low ebb, according to Zhuocheng information estimates, pig grain prices fell to 5.24:1, some institutions even calculated 4.96:1 value, the trough when a pig will lose between 160 yuan to 250 yuan V5K
　　According to the "Plan" issued by the National Development and Reform Commission last year, when the ratio of pig grain is between 5.5:1 and 5:1 for a period of time, it is necessary to implement the second-level response plan to increase the size of the central frozen pork reserve in due course; V5K
　　Ji Guangxin said that although the numbers are now in the profit stage, but the level of profitability will not be very high, after all, a pig from the beginning to the column takes a long time V5K
　　Although the data point has reached above the profit and loss point, but the recent pig market is exhausting V5K
　　Monitoring data show that the current demand market is weak, the overall positive support of the market is weak, pig prices are difficult to rise However, due to the current high-quality pig source column is still less, food enterprises to reduce prices difficult, short-term market difficult to rise and fall, will continue to maintain a stable V5K after a long downturn, the ratio of pig grain sourcing is back above break-even V5K
　　The National Development and Reform Commission (NDRC) announced yesterday (June 27) that as of June 19, the ratio of pig grain to the 6:1 break-even point after 15 consecutive weeks, which bodes well for the state-initiated plan to regulate the pig market since March this year V5K
　　However, "Daily Economic News" reporter from the market institutions were informed that the current domestic pig prices are not large, terminal demand is still depressed, food enterprises slaughter volume has been reduced, there is no market good news V5K
　　Since the end of January this year, the market price of pigs began to decline rapidly, the efficiency of farming enterprises continue to decline, the National Development and Reform Commission data show that on March 6 this year, the ratio of pig grain fell below the 6:1 break-even point V5K
　　The National Development and Reform Commission said that in order to prevent excessive decline in pig prices, the relevant departments quickly launched the "Mitigation of the cyclical fluctuations in pig market prices control plan" (hereinafter referred to as the "Plan"), in various places to start the plan, and actively carry out local frozen pork storage V5K
　　Reporters were informed that this year, the National Development and Reform Commission for the pork market has implemented a total of two storage plans: one on April 18, the other on May 22 V5K
　　Analyst Ji Guangxin told the "Daily Economic News" reporter, throughout April, pig grain prices have been at a low ebb, according to Zhuocheng information estimates, pig grain prices fell to 5.24:1, some institutions even calculated 4.96:1 value, the trough when a pig will lose between 160 yuan to 250 yuan V5K
　　According to the "Plan" issued by the National Development and Reform Commission last year, when the ratio of pig grain is between 5.5:1 and 5:1 for a period of time, it is necessary to implement the second-level response plan to increase the size of the central frozen pork reserve in due course; V5K
　　Ji Guangxin said that although the numbers are now in the profit stage, but the level of profitability will not be very high, after all, a pig from the beginning to the column takes a long time V5K
　　Although the data point has reached above the profit and loss point, but the recent pig market is exhausting V5K
　　Monitoring data show that the current demand market is weak, the overall positive support of the market is weak, pig prices are difficult to rise However, due to the current high-quality pig source column is still less, food enterprises to reduce prices difficult, short-term market difficult to rise and fall, will continue to maintain a stable V5K