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Live Pig Prices Enter Severe Decline Level 1 Warning Zone, Muyuan Shares Approach Daily Limit Down
On March 23, pork concept stocks continued to adjust, with heavyweight stocks Muyuan Foods (002714.SZ) approaching the limit down, and several others such as Juxing Agriculture and Animal Husbandry (603477.SH), Jin Xin Nong (002548.SZ), Zhengbang Technology (002157.SZ), and Aonong Biological (603363.SH) falling more than 5%.
In terms of news, recently, the National Development and Reform Commission and the Ministry of Agriculture and Rural Affairs organized a symposium with pig breeding companies to analyze and assess the price situation and arrange market regulation work. The meeting pointed out that, influenced by factors such as the decline in post-holiday consumption demand, pig prices are falling and have entered the first-level warning zone for excessive decline. The government has begun to stockpile frozen pork reserves and guide local authorities to increase storage efforts simultaneously, forming a regulatory synergy.
The meeting required pig breeding enterprises to strictly implement capacity regulation measures, plan production and operations scientifically, orderly reduce the breeding sow inventory, and reasonably control pig slaughter volumes to better align supply and demand. Moving forward, the National Development and Reform Commission and the Ministry of Agriculture and Rural Affairs will closely monitor the supply, demand, and price trends in the pig market, promptly carry out reserve adjustments, and continue to strengthen comprehensive regulation of pig production capacity to promote stable market operation.