The swine industry is currently experiencing an extremely long hog cycle, with individual enterprises in Sichuan province receiving a maximum subsidy of 8 million yuan.

Recently, the provincial government office issued the "Several Policy Measures on Consolidating and Expanding the Stable and Positive Momentum of the Economy", proposing incentives for the cultivation of large-scale entities in pig breeding, incentives for stable production capacity of pigs, and incentives for enhancing the deep processing capacity of pork. The highest subsidy for a single enterprise can reach 8 million yuan. Sichuan is a major province in pig production. Currently, the pig industry is experiencing an extremely long pig cycle, with pig prices hitting a new low in 8 years. The introduction of the "22 measures" will not only help livestock entities get through difficult times, but also guide the industry towards high-quality development. The continuous decline in pig prices has led the entire pig breeding industry to suffer losses since the fourth quarter of last year. "We made some small profits last year, probably between 5% to 10%, earning about 100 yuan per pig. But this year, we started to incur losses," said Peng Bing, the person in charge of the Sichuan and Chongqing region for the Shuangbao Group. A visit by reporters found that industry leaders such as Dekang Agriculture and Animal Husbandry, CP Group, New Hope Liuhe, Teqilishi, and Juxing Agriculture and Animal Husbandry all suffered losses in pig breeding in the first quarter of this year.