Vegetable and meat prices in Wuhan are expected to fall in March.

According to the Wuhan Municipal Development and Reform Commission, in February, the retail prices of staple and non-staple food in Wuhan farmers' market were compared with the previous month: the prices of grain and oil, vegetables, pork, beef, poultry and aquatic products rose, while the prices of eggs and bean products fell slightly.

Due to the impact of the Spring Festival effect, people have stored vegetables for the Spring Festival, the market demand is strong, the supply has greatly increased, the vegetable market supply and marketing are booming, and the overall price of vegetables has risen more obviously. The comprehensive average retail price of 20 vegetable varieties monitored was 4.47 yuan per jin, and the prices of most vegetable varieties such as Chinese cabbage, cauliflower, beans and so on increased significantly. Also due to the Spring Festival effect, the prices of edible oil, pork, aquatic products and poultry meat have also risen to varying degrees.

As the holiday draws to a close, the market demand gradually weakens, while citizens and meat enterprises have more stocks in the early Spring Festival, and the current pre-festival inventory has not been completely consumed, and the consumption role of bacon instead of fresh meat gradually appears. Coupled with the sufficient supply of pigs in the market, while the slaughtering capacity of slaughtering enterprises is not large and the willingness to reduce prices is strong, pig prices continue to decline. As the current market demand is gradually entering a period of weakness, pork prices are expected to continue to decline. And as the temperature continues to rise and the market returns to normal order, vegetable prices will show a seasonal decline in the later stage, laying hens will increase, and egg prices will still be weak in the later stage.