Pork price Innovation Low--the plan launches

With the recent plunge in pork prices, the country's policy of stockpiling is also in place. It is understood that by oversupply, pork consumption off-season and a H 1N 1 influenza impact, May National pork prices have fallen rapidly. According to a report released June 5 by the National Development and Reform Commission, May, China's pig appearance prices, white meat factory prices, piglet prices are showing a sustained decline, the price of pigs continue to fall, has been 4 weeks lower than the national Development and Reform Commission, the Ministry of Finance and other six departments issued a joint "prevent the price of pigs over the fall of the control Plan (interim)　　"Set the production breakeven warning point.　　Pork prices have continued to slump, and earlier in the industry forecast, pork prices may be due to the Dragon Boat Festival consumption and stockpiling policy stimulus will appear bottoming out, but it does not seem to be fulfilled. According to the Ministry of Agriculture agricultural Products Wholesale market Information Network monitoring, May 25-31st, pork prices for 13.42 yuan per kg, the chain fell 0.4%, has been falling for 17 consecutive weeks, lower than before the fall of 30.2%.　　According to the Development and Reform Commission price Monitoring Center monitoring, the current pig food parity is 5.87:1, has been four consecutive weeks lower than the plan set the production breakeven warning Point (6:1), compared with the end of last month's 6.18:1 down about 5%, the lowest since November 2006. All over the start of the current, the National pig Grain parity has entered the yellow area, and some areas have even entered the red area.　　In accordance with the "prevention of excessive price of pigs Fall Control Plan", in the yellow area, by fiscal discount, encourage large pork processing enterprises to increase commercial reserves, four consecutive weeks in the yellow area, further increase central and local reserves. "With the advent of the summer consumption off-season, the pork market itself exceeds the likelihood of bottoming rebound." "In fact, some parts of the country have already started pork stocks," said Medallist, an analyst at CNOOC Securities. As Sichuan was launched in May, Changsha and Shandong are also ready to start.　　"However, there is no uniform approach to the way in which they will be hoarded." As the government does not have enough reserves to store pork, it is likely to encourage businesses to start the form of commercial storage, with the government cooperating with loans or subsidies, according to medallist.　　Sichuan, such as pork processing enterprises genistein Food is involved in this practice, but the listed companies on the size and form of the stock is not disclosed to the outside world. According to the Ministry of Agriculture, at the end of April, the national pig population of 454.89 million, Rose 1.4% than last month. Among them, can multiply sow 49.22 million head, fall 0.4% than last month, the 3rd consecutive month appears a slight decline. This shows that, although the situation of China's hog supply is still more serious, but the cultivation of structural adjustment has begun, sow, piglet enthusiasm has declined. The NDRC report also pointed out that the state authorities are now in accordance with the provisions of the plan, to start the frozen pork government reserves of the work. "China's pig farming industry will still be at a low ebb, but the purchases will stabilize the price of meat decline."　　"Medallist analysis thinks. Newspaper reporter Li Yifi