July 24 — Chen Bangxun, director-general of the Development Planning Department
at China's Ministry of Agriculture and Rural Affairs, said at a State Council
briefing that since late June hog supply-demand has gradually improved and
prices have rebounded, easing farm losses. He warned overall supply remains
ample and the supply-strong, demand-weak pattern has not fundamentally changed.
The ministry will continue comprehensive capacity regulation, issue
multi-channel warnings and guide better supply-demand matching, and urged farms
to closely monitor market shifts and adjust production to help stabilize the
price recovery and avoid large fluctuations.