The average purchase price of live pigs in China is on the rise, with 28 rising areas, 0 falling areas and 0 stable areas. The appearance price of white pigs in slaughter enterprises in the northern region showed an increase, the price of white pigs in the wholesale market showed a steady increase, the terminal demand increased, and the digestion of white pigs improved, which supported the increase in pig prices. In addition, the peak of COVID-19 infection in some northern areas has passed, and the consumption demand has increased, which has a certain supporting effect on the rise of pig prices.
In terms of regions, the increase in the northern region is mainly due to the increase in the slaughter price of large-scale pig farms. As the end of the month approaches, the slaughter plan of pig enterprises comes to an end, with a certain reduction, more room for growth, an increase in farmers' reluctance to sell, an increase in the difficulty for slaughtering enterprises to collect pigs, and a number of price increases in the market. The southern region is mainly rising, and the local scale pig enterprises have obvious multiple price increases, and the bidding is mainly rising.
The impact of rising pork prices
1, price changes affect production.
2. As the price of meat rises, the profit of producers increases, and the production of live pigs will expand.
3. Price changes will reduce consumption.
4. As the price of meat rises, the consumption of pork will decrease, and the consumption of pork substitutes will increase.
5. However, pork, as a necessity of life, will lead to an increase in the living cost of residents and a decline in their living standards.