Protect the "pig" battle! Pig prices soared 84% in half a year The national development and Reform Commission's big move began in September

According to the news on the official WeChat public account of the National Development and Reform Commission on August 29, the NDRC will work with relevant departments to release government pork reserves in batches since September, and guide local linkage to release reserves
.
At the same time, we pay close attention to market dynamics and maintain normal market order
.
SR4 China Feed Industry Information Network - Based on feed, serving animal husbandry

The National Development and Reform Commission recommends that farmers (farms) reasonably arrange production and operation and maintain a normal rhythm of barn; Relevant enterprises released pork stocks in an orderly manner and increased market supply
.
SR4 China Feed Industry Information Network - Based on feed, serving animal husbandry

It is worth noting that on August 29, the price of foreign three yuan pigs was 23.
29 yuan / kg, up 45.
65% from 15.
99 / kg on June 10, and more than 84%
from the low point in March.
SR4 China Feed Industry Information Network - Based on feed, serving animal husbandry

Take precautions to ensure the supply of pork market during the holiday season SR4 China Feed Industry Information Network - based on feed, serving animal husbandry

The National Development and Reform Commission said that in the future, it will usher in a number of important festivals such as Mid-Autumn Festival, National Day, New Year's Day, Spring Festival, etc.
, and the next batch of government pork reserves is to ensure the supply
of pork market during holidays.
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According to the "Plan for Improving the Government Pork Reserve Adjustment Mechanism and Doing a Good Job in Ensuring supply and Price Stability in the Pork Market" (hereinafter referred to as the "Plan") jointly issued by the National Development and Reform Commission and other departments in June last year, "when the supply of pigs and pork in the market is tight and the price rises significantly, the government pork reserve is put into the government to increase market supply in a timely manner and stabilize market prices
.
" "SR4 China Feed Industry Information Network - Based on feed, serving animal husbandry

The "Preliminary Plan" shows that when the second-level warning of excessive rise is issued, the central frozen pork reserve release is launched, and the first-level warning is issued to increase the intensity of
the release.
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The condition for issuing a secondary warning in the case of price increases is that the pig food price ratio is 10:1 to 12:1 for two consecutive weeks, or the average price of lean meat in 36 large and medium-sized cities has increased by 30% to 40% year-on-year; SR4 China Feed Industry Information Network - Based on feed, serving animal husbandry

The condition for issuing a first-level warning is that the price ratio of pig food is higher than 12:1, or the average price of lean meat in 36 large and medium-sized cities has increased by more than 40%
year-on-year.
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According to data from the Price Monitoring Center of the National Development and Reform Commission, in the fourth week of August 2022, the national pig feed price ratio was 6.
34, up 1.
12% month-on-month; In the third week of August, the pig food ratio was 7.
67, up 0.
52% month-on-month, breaking through 7 for seven consecutive weeks, the highest in nearly 65 weeks, and the highest
since the first week of May 2021.
SR4 China Feed Industry Information Network - Based on feed, serving animal husbandry

SR4 China Feed Industry Information Network - Based on feed, serving animal husbandry

Judging from the retail prices of lean meat in 36 large and medium-sized cities, as of August 25, the average price for the week was 20.
12 yuan / catty, up 0.
05% month-on-month and 19.
48% year-on-year, and also did not reach the release of secondary warning standards
.
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However, Mysteel analysis believes that the national pig price from August to October last year is in the process of continuous decline, and the current pig price is easy to rise and fall, and the weekend increase is larger, reflecting a certain delay in pork prices, so it is not ruled out that the subsequent pork price rise, at the same time, the weekly average is more likely
to exceed 30% year-on-year.
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According to data from China Pig Network, the price of foreign three-yuan pigs detected on August 29 was 23.
29 yuan / kg, up 0.
55 yuan / kg from the previous day; The price of the inner three yuan pig is 22.
78 yuan / kg, up 0.
46 yuan / kg
from the previous day.
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The Price Monitoring Center of the National Development and Reform Commission pointed out that from this week's point of view, the industry's bullish expectations have not decreased, and it is still difficult for slaughtering enterprises to suppress prices, and it is expected that pig prices or shocks will rise next week
.
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At the "China Decade" series of theme press conferences held at the end of June, Yang Yinkai, deputy secretary-general of the National Development and Reform Commission, said that it will do a good job in ensuring the supply and stable price of important commodities such as grain, oil, meat, eggs, milk, fruits and vegetables, especially to strengthen the regulation of pig production capacity and prevent prices from fluctuating
.
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For key varieties such as rice, wheat, pigs, refined oil, and coal, the NDRC has established a price range regulation mechanism in various forms such as "bottom support", "high limit" and "upper and lower price limit" to effectively cope with abnormal price fluctuations
.
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For the first time during the year, pork reserve SR4 Was launched on the China Feed Industry Information Network - based on feed, serving animal husbandry

Since the beginning of this year, the NDRC's regulation and control of pork prices has mainly been based on storage and storage - on February 28, March 8, March 31 and April 8, respectively, the central frozen pork reserve collection and storage work was carried out; For the first time
during the year, pig prices were stabilized by stockpiling pork.
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According to data from China Storage Network, in the first half of this year, the central reserve frozen pork collection and storage carried out a total of 13 batches of 16 bidding transactions, planning to collect reserves of 518,000 tons, the actual reserves of 101,400 tons, the transaction rate of 19.
6%, and the flow auction volume of 416,600 tons
.
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Since mid-to-late June, hog prices have been in a volatile upward trend
.
For the phenomenon that the price of live pigs rose too fast in early July, the NDRC said that it was mainly because of irrational behaviors
such as blindly pressing the pig market and refusing to sell.
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On July 4, the National Development and Reform Commission organized a meeting of industry associations, some breeding enterprises and slaughtering enterprises, and the judgment pointed out that the current pig production capacity is generally reasonable and abundant, coupled with the lack of consumption, pig prices do not have the basis for
sustained and substantial rise.
At the same time, it is clearly stated that effective measures such as reserve adjustment and supply and demand adjustment will be taken in a timely manner to prevent the price of live pigs from rising too quickly, and will work with relevant departments to strengthen market supervision and severely punish illegal acts
such as fabricating and disseminating price increase information and price gouging.
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On July 5, the National Development and Reform Commission once again released the news that in view of the irrational behavior of blindly pressing the fence and refusing to sell in the pig market, it is studying and launching the central pork reserve, and guiding the local government to link the release of reserves in a timely manner to form a regulatory synergy to prevent the price of pigs from rising
too quickly.
SR4 China Feed Industry Information Network - Based on feed, serving animal husbandry

SR4 China Feed Industry Information Network - Based on feed, serving animal husbandry

It can be seen from the data of China Pig Network that after the NDRC's previous intensive action to ensure supply and
price stability in the pig market, the phenomenon of pig prices rising too fast has eased since late July.
SR4 China Feed Industry Information Network - Based on feed, serving animal husbandry

Wan Jinsong, director of the Price Department of the National Development and Reform Commission, said at a media briefing held on August 26 that it is necessary to ensure that the supply of important people's livelihood commodities is sufficient and the prices are basically stable, and if necessary, the central pork reserves are released in a timely manner, and the local linkage reserves are guided to give full play to the role of
pork reserves in stabilizing meat prices and prices.
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The price of pigs in the last round of "release and storage" fell by 7.
2% SR4 China Feed Industry Information Network - based on feed, serving livestock

The last time the NDRC intensively released central frozen pork reserves was during the Spring Festival
in 2021.
According to the data of the National Development and Reform Commission, from mid-December 2020 to March 10, 2021, the NDRC has organized a total of 12 batches of listing, totaling 280,000 tons of central frozen pork reserves, and guided local coordinated linkage.

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"The related launch has increased the supply of the market and played a positive
role in promoting the decline in high prices.
" (2021) On March 10, the price of pork (lean meat) in 36 large and medium-sized cities was 27.
15 yuan / catty, down 7.
2%
compared with the beginning of the year.
The head of the relevant department of the National Development and Reform Commission pointed out
at that time.
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