Reserved Pork was Put in to Maintain Market Balance

By CnAgri2013-01-28 14:05:12 Print Pork: On Jan. 23th, 2013, in the pork wholesale markets of the 36 medium-and-large sized cities, the average price of pig carcass was RMB23.33Yuan/KG, up 0.3% compared with last week. For this week, the price of live hog was RMB17.67Yuan/KG, up2.49% compared with last week. With the end of cured meat making, increasing of pork demand slowed down. Besides, reserved pork was put in by government to ensure stabilization of pork market. It is predicted pork price shall keep high with limited increasing speed. (Figure 1)

   

From “China Livestock and Feed Market Weekly Report”