Beijing Xinfadi pork prices entered the adjustment period may fall back in August

China Guangwang Beijing on July 10th According to China Voices "Yangguang News," Beijing Xinfadi Agricultural Products Wholesale Market is the country's largest wholesale agricultural and sideline products market, and is a barometer of national agricultural and sideline products prices. Voice of China Connection Liu Tong, head of the statistics department of agricultural products wholesale market in Beijing Xinfadi, paid attention to the recent trend of pork prices.

Moderator: First of all, please tell us about the recent trend of the pork price in the new market.

Liu Tong: In the most recent period, it can be divided into two periods. From June 23 to the present, the price of pork has not substantially risen, and it is an adjustment period. Before June 23, the price of pork continued to rise, especially since May. The price of pork has risen to a level of almost a week, and each week is basically 2-4 cents more than the previous week. In early May, the average price of the white striped pig was 9.35 yuan, and it rose to 12.55 yuan on June 23. This was a relatively large increase. Since then, pork prices have fluctuated between 12 yuan and 12.5 yuan. 12.55 yuan may be the peak value after a period of continuous rise. The pork price is in the adjustment period.

Moderator: According to your observation there, if the price has dropped, is it expected to be the time?

Liu Tong: When the price of pork rises to a certain height, it restrains consumption and makes consumer demand suffer, causing prices to continue to rise. If the price of pork is likely to fall, it should be from the beginning of August this year to the end of October, the price may fall back and be lower than the current price. In the same period of the calendar year, the price of pork was slightly lower than that of the previous period, and it was relatively stable.

Moderator: What was the reason for the recent rise in pork prices? Can you do a simple analysis from the perspective of the market?

Liu Tong: The main reason for the increase in pork prices was the decrease in the volume of listings. When the supply of agricultural products is more than one, the price will drop, and once the supply decreases, the price will rise. In June of this year, the number of white striped pigs dropped by more than 23% compared with the same period of last year, and the decline was relatively large. In May, the number of white striped pigs dropped by more than 18%, and the decline was also significant. In the first 10 days of July, compared with the same period of last year, the decline in pork sales volume decreased to about 15%.

The reason for the decrease in the volume of pork listed is that the amount of pigs slaughtered has decreased compared with last year. At the time, we thought there were two main reasons. First, the rise in pork prices was partly driven by cost, such as rising corn prices. Corn accounts for about 70% of pig feed, and price increases will affect pork prices. First, the wages of pig factory workers rose. But the more important reason is the shortage of live pigs