According to the monitoring of the Ministry of Agriculture and Rural Development, the "wholesale price of agricultural products 200 index" was 119.08 on October 30, up 0.27 points compared with yesterday, and the wholesale price of "food basket" products 200 index was 121.73, up 0.32 points compared with yesterday, and the wholesale price of "food basket" products 200 index was 121.73 points compared with yesterday, and the wholesale price of "food basket" products 200 index was 121.73 points.
The wholesale price 200 index of "food basket" products was 121.73, up 0.32 points compared with yesterday.
As of 14:00 today, the average price of pork in the national wholesale market for agricultural products was 52.23 yuan / kg, the same as yesterday, last week's average price of pork was 51.21 yuan / kg, an increase of 11%, further approaching the price of beef and mutton.
One, why pork prices continue to rise like crazy?
We all know that the price of pork rise or fall, mainly depends on the downstream price of hogs, and the most important factor affecting the price of hogs is the stock of finished pigs and consumer demand.
From the current situation, hog prices favorable factors still exist, the stock of hogs is small, pork consumption demand is very high.
The current pork prices continue to rise wildly, on the one hand, because of the continued spread of swine fever virus, resulting in a large number of pig deaths caused, on the other hand, because of the environmental protection policy since 2015 shut down a lot of small-scale pig farms, resulting in a lack of supply.
Of course, the trade dispute between China and the United States has also raised the price of exotic pork, so pork has continued to rise in price recently.
Second, the latest trend and impact of pork prices
Last week (Oct. 21-27), the national market price of edible agricultural products rose 4.6 percent compared with the previous week, and the price of the production materials market fell 0.3 percent compared with the previous week.
But according to the official website of the Ministry of Commerce, the price of pork was 51.21 yuan per kilogram from Oct. 21 to 27, up 11 percent from the previous week.
Driven by the impact of rising pork prices, beef and lamb prices have also seen some degree of upward movement, at 65.81 yuan and 62.73 yuan per kilogram, up 1.2 percent and 1.7 percent, respectively.
According to the first half of this year's data, the national pig inventory fell 32% year-on-year, down 9.4%; breeding sows in the inventory fell 31.9% year-on-year, down 8.9%, and this trend of decline in the number of stocks is further accelerated.
Since Northeast and North China are the old infected areas of swine fever epidemic, local farmers have been timely replenishment after the lifting of the ban, hog production capacity has been restored to a certain extent, the increase in the number of hogs on the adjustment of the price of hogs to play a positive effect.
But looking at the country, the current national hog production capacity is still low, especially in the southern region of the lack of pigs is more serious.
Nearing the New Year, the temperature will drop to the lowest point of the year, the south of the many places will soon start making bacon, sausage, New Year's Day, the Spring Festival and other traditional festivals will come, which will contribute to the increase in demand for pork consumption.
In the traditional festival, the people's table is not missing pork dishes.
So the current slowdown in hog prices may be in preparation for the next round of subsequent surge.