In China, it refers to the proportional relationship between the purchase price of live pigs and the purchase price of grain in the same market at the same time. Pigs use grain as concentrate feed, and the price of grain directly affects the production cost and income of pigs; Moreover, food production can not be separated from fertilizer, and raising pigs can provide high-quality organic fertilizer for food production.
Therefore, reasonable price comparison between pigs and grain can promote the coordinated development of more grain, more pigs, more fat and more grain.
First-level response:
1. When the price of pig food is higher than 9.5∶ 1 (red area), the Development and Reform Commission will take the lead in consultation and put forward a plan to increase the central frozen pork reserve, and the Ministry of Commerce will take the lead in organizing and implementing it.
2. Study and take other control measures.
Pig-grain ratio:
In the week of 20021July 19 -23, the national average price of pig grain was 5.89: 1, which was between 5: 1-6: 1 for more than three consecutive weeks, rising to "improve the government's pork reserve adjustment mechanism and ensure the supply of pork market." The National Development and Reform Commission will work with relevant departments to carry out pork storage and storage as appropriate.
Judging from the price trend of live pig futures, as of the afternoon of July 27th, the main contract of live pig futures was 2 109, closing at 18390 yuan/ton. On June 22nd, the lowest contract reached 16675 yuan/ton, and then it began to bottom out, which lasted for nearly 20 trading days.
Affected by factors such as the decline in pig prices and the weakening of pig replenishment, corn futures prices, one of the main pig feeds, also fell to a certain extent. The main contract of corn futures (2 109) shows that it closed at 2577 yuan/ton on July 27th. Although there has been a slight rebound recently, compared with the peak of 2887 yuan/ton in May 12, the decline still exceeds 10%.
Founder's medium-term forecast shows that there is a phased demand for pig prices to pick up in the third quarter, and the number of pigs to be slaughtered in the fourth quarter may continue to increase month-on-month. However, supported by the peak consumption season, the pig price is easy to rise but difficult to fall. In the second half of the year, the overall pig price will fluctuate widely, and the expected operating range is 15-22 yuan/kg.