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What factors will affect the price of pork?
Pork is the main non-staple food in daily life and has become one of the important animal foods on the table of the people. A spokesman for the National Bureau of Statistics said that on the one hand, many catering services resumed business because of the resumption of production, so the demand for pork expanded, and the demand for pork was in short supply, which led to an increase in prices. On the other hand, because the floods in the south are not friendly to farms, they also have a great impact on the production and use of pork, which will lead to an increase in prices. For the price of pork, there may also be some unreasonable measures to ban captive breeding, resulting in fewer and fewer pigs. Government departments at all levels will definitely increase the production of live pigs in time this year and fundamentally improve the slaughter rate. At present, pork is still in short supply, so the high price will continue for some time. The slaughter rate will increase, the supply of live pigs will increase, and the price will fall.

Pig prices will be affected by market supply and demand, market prices and so on. The change of demand and supply is the influencing factor of price change, and the future market change is mainly to compare the supply and demand of the market.

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Reply time: 2021-11-24. Please refer to the latest business changes announced by Ping An Bank in official website.