Pork prices continue to rise sharply, and is the turning point for meat prices to stop falling?

 　　Pork prices have seen a sustained and substantial increase recently
.

　　Is the inflection point of pork prices coming? Liu Tong, head of the statistics department of Beijing Xinfadi, said that this increase is entirely driven by the increasing demand for residents' purchases.
When the supply of pigs is sufficient, meat prices will soon return to normal
.
Jkx China Feed Industry Information Network-Based on feed, serving animal husbandry

Jkx China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Pork prices have seen sustained and significant increases recently
.
Photo by Beijing News reporter Chen LinJkx China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Monitoring by Beijing Xinfadi showed that the average wholesale price of white striped pigs fluctuated slightly in the early part of this week, with a slight upward trend; prices rose sharply in the latter part of the week
.
On November 5, the average wholesale price of white striped pigs in Xinfadi Market was 24.
50 yuan/kg, which was an increase of 24.
05% from 19.
75 yuan/kg in the same period last week (October 29); compared with the same period last month (October 5) 12.
50 yuan/kg increased by 96.
0%, down 26.
65% from 33.
40 yuan/kg in the same period last year
.
Jkx China Feed Industry Information Network-Based on feed, serving animal husbandry

　　In the same period last month, the white striped pig fell into the bottom of the price.
Within a month, the price of meat continued to rise, and the farm went from deep loss to small profit, achieving a "one-step" mutation
.
Liu Tong said that the price of wool pigs has returned to the break-even point, which is actually a good thing.
It is very beneficial to maintaining the farm’s enthusiasm for breeding.
It provides conditions for the healthy, stable and sustainable development of the pig breeding industry, and also guarantees a stable supply of pork.
The price has laid a solid foundation
.
Jkx China Feed Industry Information Network-Based on feed, serving animal husbandry

　　The reporter combed and found that African swine fever was introduced to China in August 2018, and in more than three years this year, pork prices have gone out of a “parabola”
.
Affected by African swine fever, the stock of live pigs and reproductive sows in China has declined rapidly since January 2019, and the rate of decline has been increasing month by month
.
The price of live pigs has evolved from regional differentiation to a general increase in the country.
By February 2020, the retail price of pork in the national bazaar has reached the highest price in history of 59.
64 yuan/kg
.
With the rapid increase in pork production, the production of live pigs has continued to be released
.
Since February this year, the price of live pigs has continued to fall, and by the beginning of October, the wholesale price of pork has dropped to a trough of 12.
5 yuan/kg
.
Jkx China Feed Industry Information Network-Based on feed, serving animal husbandry

　　The recent sustained and significant increase in pork prices means that pork prices have stopped falling and rebounded? Liu Tong said that this weekend, meat prices have seen a sharp increase.
On November 5, the price of 24.
50 yuan/kg was 11 The 20.
0 yuan/kg on March 3 rose by 22.
50%.
“This increase was mainly driven by demand.
It was driven by large purchases and storage by some households.
The slaughter volume did not follow up in time, resulting in a rapid increase in prices
.
” Liu Tong said, but this phenomenon is short-lived.
Meat prices will not stay at high prices for too long.
In the case of sufficient supply of pigs, residents' enthusiasm for storage will also quickly cool down, and meat prices will soon return.
Normality
.
Jkx China Feed Industry Information Network-Based on feed, serving animal husbandry

　　The normal state of meat prices is actually mainly restricted by the relationship between supply and demand.
The current relationship between supply and demand shows that the price of meat can stay at the price of 20 yuan/kg for a period of time.
As for whether the price can stabilize near the break-even point, we need to continue to observe
.
In the later period, the price of meat will still linger near the break-even point of the farm, which does not rule out the trend of stability and decline
.
Jkx China Feed Industry Information Network-Based on feed, serving animal husbandry