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2026-07-13 13:23:34
[Pork Prices Surge 15%] According to the Ministry of Agriculture and Rural Affairs, national hog and pork prices have risen for two consecutive weeks since July, with a significant increase. On July 12, the wholesale price of pork carcasses at Beijing's Xinfadi Market was 14.4 yuan per kilogram, a 15% increase from July 1. Liu Tong, an analyst at Xinfadi Market, said, "The highest price in early July occurred on July 8, with an average price of 14.55 yuan per kilogram, the highest price since the Spring Festival this year." On the breeding side, national hog prices also began a continuous upward trend at the end of June, accumulating a 12.8% increase in the past two weeks. Experts say that as the capacity of breeding sows continues to decline, the pressure on hog supply will gradually ease in the second half of the year. From the demand side, the start of the school season at the end of the third quarter and the stocking up for the Mid-Autumn Festival and National Day holidays will drive a recovery in consumption, providing a basis for a moderate recovery in pork prices. It is recommended that farmers take advantage of the current rebounding market conditions to orderly arrange the sale of hogs. (CCTV Finance)
