Price Of Hogs Rose 79.2%

National Development and Reform Commission yesterday said from January to May, China's consumer price index rose by an average of 5.2%. In the May the consumer price index rose 5.5% year on year. Due to the recent drought hit the Yangtze River region, hog prices continued to rise. All sectors of the society are concerned about the increasing price trend in the second half of this year. The current price level is indeed high.

The official also said it expects the overall price level in the June of this year will be higher than in May. Will the recent severe drought disaster in Yangtze River region affect food prices? The official said the droughts and floods occurred has little effect on the farming season. The severe drought in the Yangtze River region delayed the rice cultivation, but several times of heavy rainfall since June effectively alleviated the drought. The mid-season rice acreage is still increasing. The planting delays and the impact of the recent floods in the south part can be made up by strengthening the late field management.

Guangzhou Livestock Exchange Service Center said pigs have been sold for 21.2 yuan / kg, which is not only a new high of this year, but hit a new record. Yesterday, the reporter visited some market and found that there is no sign of decreasing.

However, the reporter learned that, due to the high price of hogs, the sales are suppressed. Reporters found that due to the sluggish trading volume, nearly half the collective market-oriented pig transport truck "was laid off."

The price of pork hit the record. Will the dealer make a turn? On the contrary, the seller told reporters, "We sold 200 pigs a day before. Now the price is high, so the sales are not good."

Harvest general manager of the livestock trading service center told the reporter, statistics show that on the market yesterday the offer is 21 yuan / kg. The average price is 20.6 yuan / kg. But the volume is record low.

Experts of the industry analyzes that the current pig breeding industry is facing five major risks: market risk, disease risk, environmental risk, policy risk and food safety risk. In the complicated culture conditions, the majority of pig farmers are not easy to raise good and to be able to make a profit. All sectors of the society are concerned about the increasing price trend in the second half of this year.