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Is the recent rise in pork prices due to the flood in China?
The recent rise in pork prices is also related to domestic floods. On the one hand, as enterprises resume production, catering services are gradually restored, and the demand for catering-related pork is expanding; On the other hand, the floods in South China in July had a negative impact on pig production and transportation, which affected the excessive rise of pork prices.

It is a phenomenon that natural disasters and pathological changes are mainly affected by floods. Under the flood disaster, the transportation of pigs was affected, and the price of pork rose 10.3% in July. Under the epidemic situation of African swine fever, it is expected that the prices of live pigs and pork will have some room to rise before the National Day, and the prices of live pigs in some areas may increase rapidly in stages. At present, the price of pigs has reached the psychological price at the breeding end, and the number of pigs slaughtered in the northern producing areas has increased, which has alleviated the procurement difficulties of slaughtering enterprises to some extent, and the local rainfall in the south has alleviated the phenomenon of concentrated slaughter of pigs. The game between supply and demand is still going on, and the price of pigs may fluctuate. In the medium term, there is still room for pig prices to rise before the National Day, and there may be a big increase in some areas and time.

Enterprises resumed production and catering services gradually resumed in the first half of this year. In the face of the sudden COVID-19 epidemic, the catering industry and entity enterprises suffered a huge impact. In response to the epidemic situation, catering enterprises have started self-help mode, actively innovated business methods, increased research and development of semi-finished products, and opened up online sales channels? With the orderly progress of resumption of work and production, the catering industry began to recover gradually. May day? Holidays and Dragon Boat Festival ushered in a small peak of consumption. Enterprises resumed production and catering services gradually resumed, which increased the demand for pork.

The rise of CPI leads to the improvement of people's economic consumption level and the rise of prices, so the price of pork has risen recently.

Readers, is the recent rise in pork prices due to domestic floods? what do you think? You can leave your opinion in the comments section.