Due to the African swine fever virus, the scale of hog farming in China has dropped sharply, making China's current pork prices and hog prices remain high, and the market has been in short supply. According to information released by the Ministry of Agriculture and Rural Affairs, the number of pigs in China at the end of July was down 32.2 percent from the same period last year, and the number of sows capable of reproducing was down 31.9 percent from the same period last year. In terms of absolute numbers, compared with the same period last year, the number of live pigs decreased by more than 100 million, and the number of sows capable of breeding decreased by more than 12 million compared with the same period last year. As you can see, there is a real shortage of pig supply in the Chinese market. At present, there are only 340 million hogs in the country. This is the basic situation of China's hog farming industry.

Since the beginning of August, hog prices have continued to rise sharply. The average price of hogs across the country exceeded 12.5 yuan per kilogram, breaking the record of the highest price of hogs in 2016. At present, the price of hogs in 14 provinces exceeds the price of hogs by 13 yuan, and the price of hogs in 6 provinces exceeds the price of hogs by 14 yuan. Hog prices in Guangdong and Guangxi regions remain two of the most glamorous areas, with hog prices already exceeding the hog price of 15 yuan. Let's take a look at today's summary of hog quotes across the country.

From the above hog quotes, China's hog market is in good condition, which makes some farmers begin to cherish the psychology of selling hogs under pressure. They always hope that the price of hogs will continue to rise and they can sell at a good price and make more profit. As a matter of fact, the current situation of China's hog market is very good. It can be said that the price and market situation of hogs is the best in recent years, and the profit is also the highest year. The profit per pig is now as high as more than 1,500 yuan. This is the main reason for the gradual decrease in the number of hogs on the market. There is a shortage of hogs in the market, but there is a lot of pork in the market. Every stall is full of pork, but no one is buying it.

In fact, the main reason for the abundance of pork at the stalls is the high price of pork, which has led to a significant drop in consumer demand for pork. After all, the high price of pork has now increased the burden of pork consumption on some low-income families, thus reducing pork consumption. In the past, pork was available to every family and it was often put on top in cooking, but nowadays, pork is really not available to ordinary families and it can be said that pork is a luxury for ordinary families. That is why the stalls selling pork are full of pork, but no one buys it. There are also some stalls selling pork because they can't sell pork or sell very little pork a day and this even leads to the phenomenon of closing down.