According to the analysis of pork price in 2017, two major reasons will affect the trend of pork price.

Pork prices have been running high in the year of the Monkey. What is the trend of pork prices in 2017? The overall level of pork prices in 2017 is expected to be lower than that in 2016, but attention should also be paid to the uncertain impact of extreme weather and the epidemic on pork prices, the reporter learned from the municipal price bureau on the 3rd.

According to information from the Municipal Price Bureau, in 2016, the overall pork market in our city was in a tight balance between supply and demand, with high prices, with an average annual price of 16.12 yuan per 500 grams, an increase of 15.69 percent over the same period last year. Prices and increases reached the highest levels since January 2008 and January 2012, respectively.

According to the survey, in the second half of last year, large-scale farmers in the city made a profit of 491.30 yuan per pig, with a cost profit margin of 26.38%.

Since the second half of 2016, pig production has gradually improved, coupled with weaker growth in pork consumer demand, pork prices are expected to be lower in 2017 than in 2016, but attention should also be paid to the uncertain impact of extreme weather and epidemic conditions on pork prices.

According to the analysis, there are two main reasons why pork prices this year will be lower than last year's level.

First, with the rise in pork prices last year, the aquaculture industry has made huge profits, and the enthusiasm of farmers to fill fences continues to increase. In the first 11 months of 2016, the national pig stock increased month-on-month in six months, and pig production capacity is steadily recovering, according to data monitored by the Ministry of Agriculture.

Second, under the influence of the diversification of consumption structure, the growth of pork consumption has weakened in recent years, and the demand for a sharp rise in pig prices is insufficient.