Pork price is related to CPI, where will it go in the future? 🐷📈

Throughout 2023, pork prices will drop by 13.6%. What will be the trend of pork prices in 2024? From the piglet market, pork market, slaughter market and sales market research, pork prices have experienced six complete cycles of rising and falling. 🔄

Pork sales go through the piglet market, livestock market, pork slaughtering market, and pork retail market. The four markets are independent of each other but influence each other. 🔗

Over the past 20 years, pork prices have not increased much but have fluctuated violently. Consumption has been lower than production for a long time. However, prices have not trended downward but fluctuated greatly. The price difference between the wholesale market and the retail market has always remained stable at a large value. 📊

It is predicted that the price of piglets may increase to a certain extent in 2024, driving up the price of pork. 🐖💰

Let us wait and see what the future direction of pork prices will be! 👀