The National Development and Reform Commission of China recently held a conference to address the recent sudden drop in domestic pig prices. The decline in prices is attributed to reduced pork consumption and an increase in pig supply at year-end. Experts at the conference assured that the current pig production capacity is not overloaded and that farmers and pork processing enterprises should not panic. The National Development and Reform Commission intends to monitor the hog market closely and will take necessary measures to stabilize prices and ensure market supply.