The price of pigs dropped 70% in a row for more than 10%

The "pig is strong" who has been leading in the early stage has finally "caught up". Since the price reached the highest level of this year on September 5, the purchase price of live pigs and the wholesale price of white meat have dropped for seven consecutive weeks, both of which have fallen more than 10%. According to the monitoring data from the Municipal Price Bureau, on September 5, the purchase price of live pigs (external three yuan) and white meat (external three yuan) were 10.53 yuan and 13.75 yuan per 500 grams respectively, and by the beginning of this month, Both prices have dropped to 9 yuan and 12.1 yuan per 500 grams, respectively, down by 14.5% and 12% in the two months respectively.

It is worth mentioning that, despite the "delay effect", the price cuts in the acquisition and wholesale of pigs have now been transmitted to the retail sector. According to reports, the retail prices of lean meat and rib meat in the major farmers' markets in Lucheng City have recently dropped from 17.5 yuan and 16.5 yuan per 500 grams at the end of August to 16 yuan and 15 yuan, respectively, with a decline of nearly 10%. 8.57% and 9.09%. According to industry insiders, the recent fall in the price of pork has been affected by the fall in the wholesale price of pork in Shanghai and other places. The number of pigs purchased from other provinces and municipalities has decreased; on the other hand, the number of local pigs in Jiaxing recently increased slightly, and supply and demand Tension has eased.