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Pig-to-grain price ratio falls below break-even point, NDRC says some farmers are incurring losses
NDRC: Pig-to-grain price ratio falls below break-even point, some farmers see losses
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Pig-to-grain price ratio rises, beef and mutton prices continue to fall, what about raw milk prices?
According to fixed-point monitoring of livestock product and feed prices at 480 rural fair markets nationwide, in May 2015 pig products and corn prices rose, while other major livestock products and feed prices mainly fell. Based on the rural fair market monitoring caliber, the May pig-to-grain price ratio was 5.66:1, up
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Lower corn prices support a rising pig-to-grain ratio, potentially squeezing room for price increases
The National Development and Reform Commission recently released data showing that the national pig-to-grain price ratio has declined somewhat. On September 30, the pig-to-grain ratio was 7.82, down 0.89% from September 23. Jiang Chao, a macro bond researcher at Haitong Securities, believes that the current pig-to-grain ratio remains around 8, far above the break-even line of 6, which
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