Pig farming industry accelerates capacity reduction, leading enterprises shift from "enduring cycles" to "building internal strength"

Since the beginning of this year, the prices of live pigs have remained low, especially in April, when the national price of live pigs fell below 10 yuan per kilogram. A recent visit by reporters to pig farmers and several industry leading enterprises in Henan and other places revealed that the industry's capacity reduction is accelerating under the pressure of continuous deep losses. At the same time, the deep adjustment of this round of pig cycle is pushing the industry from extensive scale expansion to refined quality improvement, and leading enterprises are launching differentiated breakthroughs based on their own endowments. Several interviewed enterprise leaders and industry experts believe that the pig farming industry is at a critical period of transition from old to new momentum: in the short term, the industry will still face certain pains; in the long run, with the clearance of outdated production capacities and the strengthening of leading enterprises' competitiveness, the industry is expected to enter a more sustainable development trajectory.