At present, there are only three reasons for the continued plunge in pig prices.

One of them is the continued weakness of pork consumption, due to the hot weather, pork is still in the consumption off-season, people buy pork desire is not big, especially after the festival pork consumption more and more dismal, resulting in the market pork to go obviously stagnant. And with the cliff fall in pig prices these days, white wholesale continued to fall, traders purchasing stocking enthusiasm dropped sharply, the slaughterhouse had to take the price of pigs to open the knife, price control to reduce the risk.

The second, the release of production capacity, the emergence of selling. With the successive recovery of hog production capacity, pre-expansion capacity is also being released, the decline in pig prices is normal, but with the emergence of the collapse of pig prices after the first of May, resulting in farmers doubling the pressure, in order to avoid the risk of not only cattle pigs selling into the wind, the market standard pigs were forced to join the selling team, a moment of fat pigs to fill the market, pig farmers queuing up to sell their pigs, exacerbated by the overall decline in the price of pigs.

Third, the large increase in imported pork is also a key factor in the decline of pig prices. Although the price of pork has fallen a lot, but the number of meat imports is still increasing.