In terms of spot, the National Development and Reform Commission reminded large pig enterprises to take advantage of the situation, not to blindly suppress the bar, and asked breeding participants not to hoard and drive up prices, and to take the lead in ensuring supply and stabilizing prices in the pig market, to study and start the central pork reserve, and to guide local governments to jointly put in reserves in a timely manner to form a joint force of regulation and control.
In terms of futures, recently, the National Development and Reform Commission and Dalian Commodity Exchange held a symposium on strengthening joint supervision of spot futures market, further improving the working mechanism through near-end and far-end regulation, and forming a joint effort.
If the above-mentioned measures to "stabilize" pig prices can produce immediate results, it must be two, that is, slaughtering pigs at the breeding end and putting in reserve meat. From the root, we can achieve the goal of "stabilizing" pig prices by changing the relationship between supply and demand. As for whether farmers can stabilize the pig price by increasing the amount of slaughter, it is also possible to change the pig price in the last week. Then another measure-putting in reserve meat, will it really come?
According to the Work Plan of Ensuring Supply and Stabilizing Price in Pork Market, the reserve meat can only be put in when it reaches the national second-level warning, that is, the price of pig food has been at least two weeks in a row 10: 1, or the retail price of lean meat in 36 large and medium-sized cities has increased by at least 30% year-on-year. According to the current situation of the live pig market, the ratio of pig to grain is about 7.5: 1 at present. Although the pig price has risen too fast, the increase of pork price at the consumer end of the market is limited, and its increase is far from 30%. In other words, the current pig market has not yet reached the conditions for putting in reserve meat.
In this way, Bian Xiao's understanding of "researching and putting in reserve meat" is actually a further observation. If market leverage unilaterally regulates pig prices and still fails to "stabilize", the government will put in reserve meat at the right time, and we have also seen that at least this round of pig prices has risen, and the price of pigs in the north has risen faster than that in the south. It is not ruled out that the price of pigs in some parts of the north has risen too fast to reach the reserve. In this regard, the National Development and Reform Commission (NDRC) is also very strict, saying that it is to guide local governments to put in reserves in time.
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