What is the reason for the recent surge in pork prices? How can we get pork back to normal prices?

Pork is one of the meats that many people often eat in their daily lives, and it often appears on the table of every household. In the first half of 2022, the price of pork was so low that many people had no pressure to buy meat. However, from the second half of the year, the price of pork began to rise wildly. Many people walked into the meat stalls and were always surprised by the price. So what is the reason?

First, the cost of raising pigs has increased, and farmers have continued to fatten. In the first half of the year, pork was cheap, which made many farms and farmers earn little money, so they had to reduce the number of breeding as much as possible and raise more other livestock. In addition, because of the epidemic, the import of agricultural products decreased, and the transportation cost of corn and soybeans for pigs increased. In addition, oil prices have also gone up, and the cost of raising pigs is getting higher and higher, so the price of meat has also gone up. Other pig-raising places are not in a hurry to sell pigs, and are ready to continue fattening until the right time to make a profit, resulting in insufficient supply of pork in the market and soaring prices.

Second, after the outbreak, factories, restaurants, schools, etc. All normal operations, pork supply increased greatly. As we all know, factories, restaurants and schools in many places can only temporarily suspend business because of repeated outbreaks. For a long time, the supply of pork exceeded the demand, so the price of pork was so low in the first half of the year. However, after the epidemic was controlled, these places were opened one after another, and the demand for pork doubled. Natural prices have gone up, which is actually a recovery.

The fundamental reason for the rise of pork is that the supply of pork can't meet the market demand, which leads people to lament that they can't afford pork if they go up again. So is there any way to control the increase of pork and make it return to the normal price?

In fact, people need not worry too much about this problem. The National Development and Reform Commission (NDRC) has announced that if the pork on the market continues to skyrocket, it will put in reserve pork to control the skyrocketing trend of pork. In addition, we should also put forward requirements for large-scale pig-raising enterprises, hoping that they can slaughter pigs normally and must not participate in such things as driving up prices. In addition, if farmers and farms have been fattening for the second time, the demand in the later period will only exceed the supply, so the price of pork will drop rapidly, which is not conducive to the healthy development of the industry.