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Introduction: In recent years, the fluctuation of pork prices has consistently been a topic of public concern. Especially under the influence of the African swine fever epidemic in 2019, the price of pork in China reached a historic high. This has left many ordinary families at a loss at the dining table, sighing, "We're so poor now. We don't have as much money as local pigs?" This article will deeply explore the underlying reasons behind the increase in pork prices and its impact on public life.

Notice on the increase in pork prices

The impact of African swine fever

In 2019, an African swine fever outbreak occurred in China, resulting in a large number of pigs being culled, a reduction in pig farmers, and a sharp decline in the number of pigs in stock. According to data from the Ministry of Agriculture and Rural Affairs, the number of live pigs in China decreased by nearly 40% year-on-year in 2019. The supply of live pigs is severe, and the price of pork naturally keeps rising.

The cost of breeding has risen

In recent years, factors such as rising feed prices and stricter environmental protection policies have led to a continuous increase in breeding costs. According to relevant data statistics, the cost of China's breeding industry increased by approximately 20% year-on-year in 2019. The rising cost of breeding has caused the price of pork to keep plummeting.

Imbalance between supply and demand

Under the influence of the African swine fever epidemic, consumers' demand for pork has not decreased significantly, while the supply of live pigs has dropped sharply, leading to an imbalance between supply and demand. according to statistics, the consumption of pork in China is increasing by about 1% every year, which further pushed up the price of pork.

2. The impact of rising pork prices on public life

The cost of living has increased

The increase in pork prices means that the cost for the public to purchase pork has risen. For the majority of low-income families, pork has become an indispensable ingredient in their daily lives. The increase in prices has increased the pressure of making a living.

The consumption of meat substitutes has risen

Pork prices have risen, and consumers are initially seeking alternatives. According to inquiries and interviews, the consumption of meat products such as chicken, duck and beef all rebounded to varying degrees during the era of rising pork prices. However, the increase in the prices of substitutes has also affected the public's consumption level to a certain extent.

The pressure of food inflation is increasing

The increase in pork prices not only affects the public's meat consumption but may also lead to greater inflationary pressure on food. As an important meat ingredient in China, the increase in pork prices will be passed on to other related products, such as meat products, offal, eggs, etc., thereby causing the overall food prices to rise to a certain extent.

3. Preparations for dealing with the increase in pork prices

Policy support

The government should increase its support for the breeding industry, optimize the breeding environment and boost the enthusiasm of breeders. At the same time, improve the market regulation mechanism for pork to ensure that pork prices fluctuate within a reasonable range.

Expand the supply of pork

Actively urge the pig industry to resume production, increase the number of pigs in stock and boost pork supply. In addition, we should encourage the import of pork and reasonably monopolize the domestic market to alleviate the situation of severe domestic pork supply.

Growth replaces property

We will increase support for meat products such as chicken, duck and beef, boost production, lower prices and lead consumers to shift towards alternative consumption.

Strengthen market supervision

We will resolutely crack down on illegal activities such as hoarding and price gouging, protect market order and safeguard consumers' rights and interests.

Summary: The rise in pork prices reflects the adversity and challenges faced by China's livestock industry in its growth. Under the influence of the African swine fever epidemic, the supply of pork is severe and the price fluctuates greatly. The government and all sectors of society should cooperate fully to stabilize the pork market and reduce the burden on the public's livelihood. At the same time, we should also take this opportunity to urge the transformation and upgrading of the livestock industry, enhance the competitiveness of the industry, and lay a solid foundation for the future development of the meat market.