Uncovering the price confusion behind crazy pork

On July 9, the statistics released by the National Bureau of Statistics in June showed that China’s CPI rose by 6.4% year-on-year to a 36-month high in June, with pork prices rising by 57.1% and contributing 21.4% to the increase in CPI. Last year, people were still fresh in their memory of the sudden drop in the price of meat. The price of pork once every year has reached a record high. Why does the price of meat go up and down? What stages should a commodity pig go from suckling pig to slaughter? How much does it cost to raise a pig? How feed and diseases affect the growth and price of pigs... In order to clarify these “pig problems”, our reporter deliberately went to a pig farm in Dongxiang County, a pig raising county in our province, to intensify pig raising costs. Careful accounting, trying to uncover the price crazy behind "crazy pork".

The current status of a patties soup rose three times in three months. Lao Zhou, a resident of Zaima Pool in Nanchang City, has a habit. His breakfast is a bowl of mixed powder and a glutinous rice dumpling soup. In the past month, the careful old Zhou found that since May, the price of patties has risen from 2 yuan at the beginning to 2.5 yuan and 3 yuan, and it has risen by 1 yuan in the most recent one, actually rising to 4 yuan, but three At the time of the month, the patties soup rose three times. Lao Zhou muttered and said that if he went up again, it was estimated that he would have to eat breakfast at home because he could not afford it.

As for the “horizontal rise” of meat prices, Master Li, who sold meat for nearly 30 years at Dunzitang in Nanchang City, seems to have experienced it for the first time. Master Li said that the price of pork was like a roller coaster since the end of April this year. Pork is sold at RMB 26 and RMB 27 per kilogram from RMB 25 to RMB 30/kg. The phenomenon of “roller coaster” in the price of pork is called “periodic fluctuations” by experts in economic academia, also known as the “pigs cycle”. Ma Zhihui, director of the Institute of Economic Research at the Jiangxi Academy of Social Sciences, believes that the pork industry development rule is: soaring pork prices sow volume large increase in pig supply sharp increase in meat prices farmers drastically eliminate sows supply reduced pig meat prices again rise……

According to the data monitored by the Provincial Price Appraisal and Monitoring Administration, from May till now, the price of pork has entered an accelerated rising stage. The ribs have risen from 30 yuan per kilogram on May 9 to 32.5 yuan. This is only the province’s average price. Nanchang’s price has reached 40 yuan per kilogram. The monitoring data released by the provincial price department shows that at the end of May, the price of the gross purchasing price of the pigs and the price of system-packed meat were the same as those of the same period of last year. Rising more than 50%, lean meat prices rose by 38%. Pork prices have been bullish all the way, which is why pork patties prices have been raised frequently.

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