Hog Supply Increases, Pork Price to Decline

By CnAgri2013-09-22 11:25:15 Print Pork: On Sept. 18th, in the pork wholesale markets of the 36 medium-and-large sized cities, the average price of pig carcass was RMB22.14Yuan/KG, down 1.14% compared with last week. For this week, the price of live hog was RMB15.52Yuan/KG, down 4.43% compared with last week. Hogs grow faster recently and breeding farmers plan to sell before mid-autumn day concentratedly. Since supply increases and demand sees no great change, it is predicted pork price shall decline slightly. (Figure 1)



From “China Livestock and Feed Market Weekly Report”