Guangdong Province Hog-to-Grain Price Ratio Enters Level 1 Warning Zone for Excessive Decline

According to the Guangdong Provincial Development and Reform Commission and monitored by the Guangdong Price Monitoring Center, on March 11, the average pig-to-grain ratio in the province was 4.67:1, entering the first-level warning zone for excessive decline as set by the joint issuance of the “Guangdong Province Improvement of Government Pork Reserve Adjustment Mechanism and Work Plan for Ensuring Pork Market Supply and Price Stability” by five departments including the Guangdong Provincial Development and Reform Commission. Guangdong Province will activate frozen pork reserves to promote stable operation of the pig market. It is recommended that farms (households) make scientific decisions on production and operation, maintaining overall pig production capacity and normal slaughter and restocking rhythms. (Interface)

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