The price has dropped! Pork ushered in an important turning point! Experts predict: Next, meat prices will go like this →
The Ministry of Agriculture and Rural Affairs announced on the 15th that national pig production continued to recover quickly in August.
With the continuous increase in the number of pigs on the market, the relationship between supply and demand will be further eased in the fourth quarter.
Xin Guochang, second-level inspector of the Bureau of Animal Husbandry and Veterinary Medicine, Ministry of Agriculture and Rural Affairs: In August, the pig inventory increased by 31% year-on-year, and the sow inventory increased by 37% year-on-year.
From June of this year, the sow inventory began to increase year-on-year, and the live pig inventory began to increase year-on-year in July. This is an important turning point.
Xin Guochang introduced that with the gradual improvement of market supply, pork prices have fluctuated and stabilized since August, and have declined slightly after entering September. In the second week of September, pork prices in national fairs were 55.65 yuan per kilogram, a month-on-month decrease of 0.6. %.
Xin Guochang, second-level inspector of the Bureau of Animal Husbandry and Veterinary Medicine, Ministry of Agriculture and Rural Affairs: Because pork imports are increasing, overall, pork prices in the next four months are likely to be lower than the same period last year.