The price of pork has dropped a lot compared with before. The reason why the price of pork will drop is that the supply of pork is gradually increasing. First, the supply of pork in the market has increased, so the price of pork has dropped.
besides the cost of a commodity, the price formation of a commodity is also influenced by market supply and demand. Previously, the price of pork rose very high because the demand for pork in the market was in short supply for various reasons. Those businesses that are in short supply will naturally raise their prices and thus get more benefits.
Many people see the soaring price of pork. They think it is very profitable to raise pigs, so some people have joined the pig industry one after another. Generally, a pig can be killed and sold after a few months. There were many people who raised pigs in the early days, but now those pigs are old enough to sell, so there is a lot of pork on the market now. The supply of pork is greater than the market demand, or the supply of pork is in balance with the market demand, so the price of pork naturally comes down. Second, the cost of raising pigs in the market has decreased, so the price of pork has dropped.
another reason for the decline in pork prices is that the cost of raising pigs is falling. The cost of raising pigs includes the cost of piglets and the cost of pig feed. Many people go to raise sows and then give birth to many piglets. Now there are more piglets, so the price has dropped, and the cost of raising pigs has also dropped. Moreover, the prices of some feedstuffs have also fallen, and the decline in these costs has also led to the decline in the price of pork.
In addition to the above two points, there is another reason for the decline in pork prices, which is that pork substitutes have also increased. For example, beef, sheep and meat. With the increase in the supply of other meats, consumers don't want to buy pork, so pork is not as tight as before, and the price will naturally come down, so that it can be sold. < P > What other reasons do you think lead to the decline in pork price? You are welcome to leave a message below to express your opinion.