Pig prices decline + performance pressure, the pig farming industry faces increasing chill

How do policy support measures affect the survival of breeding enterprises?

[Declining pig prices + performance pressure deepens chill in pig breeding industry] According to the Financial Alliance on March 20, since March, the chill in the domestic pig market has continued to deepen: on one hand, under the dual pressure of oversupply and weak demand, pig prices have continued to approach the historical low set in 2018 after breaking below the 11 yuan/kg mark; on the other hand, the cost of feed for enterprises has been continuously rising due to increases in soybean meal and corn prices, putting the entire industry into a state of deep losses. In the face of the ongoing sluggish market, policy measures have begun to release “support” signals, from lowering the target for breeding sow stock adjustments, requiring leading enterprises to reduce annual output, to tightening financial support for the expansion of farms and promoting precise insurance for pig farming. A comprehensive policy support system is gradually being established. (Shangzheng Report)