Industry analysts: Increased costs lead to higher pork prices

According to the latest monitoring released by the Shandong Animal Husbandry and Veterinary Information Center on the 14th, the market price of live pigs in Shandong has continued to rise. Currently, the pork retail prices in Zouping and Pingdu have reached a new high in three years. According to analysts of Qilu Securities, June will be the stage high in the current rise in pork prices. After entering the peak season for pork consumption in September and October, the price of pigs may go down, but the probability of maintaining a high level throughout the year is very high. Big.

Zhang Zhiqiang, Director of Price Monitoring Center of Jinan Municipal Price Bureau, believes that the rise in pork prices, on the one hand, is escalating the cost of farming, as the price of corn has remained high, directly raising the price of pork. Logistics costs are also rising. Gasoline and diesel prices have been rising. There are green passages for vegetable transportation, but pork has not been. In addition, the increase in labor costs also increases the cost of raising pigs. On the other hand, last year pork prices were relatively low, resulting in a decrease in the number of pigs. In addition, some epidemics appeared in some parts of the country last winter. This year's epidemic diarrhea did not ease until May, resulting in a small increase in population.

Zhang Zhiqiang predicts that pork prices will rise in June, but space is limited. Summer is the off-season pork consumption. The sharp increase in pork prices will cause consumers to buy less pork. The market supply and demand will gradually balance, and pork prices will gradually stabilize and even fall slightly.