First, the supply and demand of live pigs have reached a balance, and even there has been an oversupply phenomenon.
Due to the increase of farms and the large number of pigs, pork has fallen again and again, and even the price of pigs in some areas has fallen below seven yuan. According to the statistics of the National Agricultural Bureau, the supply of pork will increase by 30% this year, especially this winter, pork will be put on the market in large quantities, so it will not increase again this winter.
Second, there are too many pork substitutes, and many residents say they haven't bought pork in the last two months?
After the price of pork rose sharply in 2020, Chinese residents found meat products that were more suitable to replace pork. Moreover, chicken, duck, cattle, sheep, fish and other meats are quite delicious, so domestic residents are not used to eating pork.
Third, pork imports have increased, and most restaurants use imported pork for cooking.
Many restaurants and small restaurants use imported pork because it is cheap and safe. The import of frozen pork has been increasing, but most of the fresh pork is sold to individuals. Individual families can't digest these fresh pork. Presumably, the price of pork will not go up again this winter, and it may go down. ?
So, what do you think is the reason for the instability of pork prices?