Prohibition on raising pigs for a second time? Muyuan shares: Decided not to sell commodity pigs to customers for raising pigs a second time.
On May 30th, the pork sector and animal husbandry sector were among the top gainers, with sector gains of 2.32% and 2% respectively. Among them, Juxing Agriculture and Animal Husbandry and Xiangjia Stock surged by the daily limit, while Shennong Shares, Jinzi Ham, Huatong Shares, and others all saw gains of over 5%.
On the news front, there were reports that relevant departments recently held meetings to disclose major information guiding the pig industry, including suspending expansion of sow production, controlling slaughter weight at around 120 kilograms, and discouraging selling of second-stage fatteners.
In response to this, several listed pig companies were asked by reporters for comment. Muyuan Shares told reporters, "Based on current internal and external conditions, the company has decided not to sell market pigs to second-stage fattening customers. Please refer to official documents for specific information on government policies." Additionally, some pig industry workers expressed support for the guidance, while others claimed to be unaware of the situation and are verifying the news.
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