There's been a significant decline in pig farming
Since december last year, the price of the “second brother” has been falling, and the price of piglings in the interior has continued to fall. In jeongzhou, the director of commerce of henan province, joo jinxi, stated that the price of pigs had fallen excessively, mainly because of the imbalance between supply and demand in the market。
According to monitoring by the henan department of commerce, on 14 april, henan province purchased 10. 16 yuan/kg of raw pigs, which is 34 per cent lower than on 30 december 2013, while the price of raw pigs amounted to 4. 65:1 and the price of raw pigs was in the red alert zone for five weeks in a row, as determined by the national prognosis for the reduction of periodical volatile prices in the pig market. Farmers lose about $300 per 100 kg of pig in each column。
Statistics show that the retail price of pork in henan province was 22. 55 per kg last week, a decrease of 10. 7 per cent compared to the same period last year; wholesale prices were 16. 06 per kg, a decrease of 34. 4 per cent compared with the same period last year. Last week the retail price of pork in the province fell by 1. 5 per cent over the previous week, a 15-week decline in the retail price of pork. At the first quarter of the henan provincial conference on the extremism of business operations, the journey analysis stated that the price of pigs had fallen disproportionately, mainly because of imbalances in market supply and demand。
On the demand side, since the second half of last year, the demand for meat in hotels and restaurants has declined as a result of measures such as limiting public spending, streamlining meetings and combating waste. Combined with increased consumption and health awareness among urban and rural residents, changes in consumption structure have led to reduced demand for pork consumption. It is estimated that pork consumption in society as a whole has decreased by approximately 35 per cent。
On the supply side, recent years have seen an increase in investment in pig farming in other industries, coupled with warm winters and the proper growth of raw pigs, as well as an increase in pork imports by some meat-processing enterprises, a reduction in the purchase of domestic raw pigs and an abundance of pigs in the market。
According to jc, the price of pork in the province is expected to remain low at a later stage as a result of higher levels of raw pig storage and greater supply in the pork market than demand。
In order to curb the rapid decline in pig prices and protect the interests of farmers, the business sector in henan province has strengthened market monitoring, improved information services and led to the production and consumption of raw pigs. (d) launching of a temporary pork harvest and organization of a pork collection by the slaughter processing dragon enterprise. At the same time, a municipal pork reserve system has been put in place at the local level and is being regulated in due course。
According to jia jinh, nearly 10 per cent of the central first frozen pork reserves were scheduled for storage in henan province. At present, the central, provincial and part municipal reserves of pork are being kept in an orderly manner. Strengthen meat quality regulation and enhance consumer confidence in food safety。
In the first quarter, henan province achieved a total retail sale of social consumer goods of 33. 5 billion yuan, an increase of 12. 5 per cent over the same period of the previous year, and an increase of 0. 6 percentage points from the same period of the previous year. To further expand consumption, the business sector in henan province is conducting a monthly consumption promotion campaign, organizing a series of thematic consumption promotion activities around the five main areas of branding, credit consumption, network consumption, green consumption, catering consumption, etc., to reassure people about buying, facilitating, buying off money, and buying happy。
