Pork prices are set to improve in the future.
Pork is a food that people often buy in their lives, so they will pay special attention to the price of pork, especially when people stock up on bacon to prepare for New Year's Eve before the year, the demand for pork is even more, and they also care about the price of pork more, if the price of pork is relatively low, people will buy more to make bacon sausage, and if the price of pork is high, they will buy other alternatives. At the end of 2021 and the beginning of 2022, the price of pork has been in a lower state, therefore, many residents parents bacon full of meat this year.
I. Reasons why pork has fallen for 5 weeks in a row?
So why the price of pork will appear to fall for five consecutive weeks? There are three main reasons. One reason is that last year, the number of hogs raised, that is, the supply of pork up, the market is in a saturated state of pork. The second reason is that people's demand for pork has not increased because there are many food substitutes. The third is that farmers have a stronger willingness to slaughter, fearing that the price of pork has been falling, so they will sell their hogs in a hurry if they do not lose money. In such a situation, pork prices will maintain a downward trend in a steady manner.
Two, the future pork prices are expected to rise.
The reason why I would say that the future price of pork is expected to rise, because it will soon be the Spring Festival, the demand for pork will rise. And for hogs have not yet reached the situation, farmers will not choose to pork prices close to the cost price of the time of slaughter, will wait for a period of time. In the supply exceeds demand or tends to balance, the price will not continue to fall, there is hope that the rise, but the range will not be too large.
Three, personal opinion is what?
Whatever the price trend of pork, or hope that we do not blindly buy things, blindly buy will cause hoarding phenomenon, the last will be the food waste, on the one hand, resulting in personal economic loss, on the other hand, the phenomenon of waste is a kind of bad behavior, will be spurned.