Ningxia Development and Reform Commission: Pig-to-grain price ratio has entered the first-level warning zone for excessive decline

Golden Ten Data Futures March 27 — According to monitoring by the Autonomous Region Development and Reform Commission, as of March 25, the regional pig-to-corn price ratio was 4.08:1, which has entered the first-level excessive decline early warning interval set in the "Autonomous Region Pork Market Supply and Price Stabilization Work Plan" (below 5:1). Next, the region will initiate temporary pork reserve procurement and suggests that farms (households) arrange production and operation decisions scientifically to keep live pig production capacity at a reasonable level.