Since last year, the price of pork has soared, and everyone has become accustomed to the price increase of pork. But recently, according to the data monitored by the Ministry of Agriculture, the price of beef has also risen for ten consecutive weeks. The reason for the increase in beef prices is closely related to the epidemic situation. During the epidemic, the supply of beef decreased, and basically all meat prices rose. At the same time, because the domestic epidemic has been controlled, the demand for beef has also increased. Under this supply relationship, the price of beef continues to rise.
First, the supply of beef has decreased, and beef is more scarce. The price of beef generally declined last summer, but it has not declined this year and continues to rise. The main reason is the shortage of beef production this year. Although there are many large cattle farmers in our country, due to the epidemic this year, the feed price has been rising, which directly affects the output of beef, and the rise of other meat prices has also driven the price of beef.
Second, affected by the international epidemic, the price of imported beef has risen. Although the epidemic situation in China has been basically controlled, the international epidemic situation is still very serious. Beef production in many countries has also decreased accordingly, and the decrease in supply has led to an increase in beef prices. At the same time, affected by the international epidemic, China also suspended the import of some beef, and the overall supply of beef decreased, which led to a continuous increase in beef prices.
Third, the recovery of the catering industry has increased the demand for beef. The epidemic situation in China is gradually stabilizing, and the severely hit catering industry is slowly recovering. With the recovery of the catering industry, the demand for beef is also increasing greatly. After the supply exceeded demand, the price of beef went up and then up. Some experts said that although the price of beef has risen, it will not remain high all the time, and it will fall back with the stability of the epidemic.