Worry-free grocery stall
It can also be seen from the stock prices of several leading stocks in the industry that the strange trend of pork prices this year. The stock price of Muyuan shares has soared since June this year, rising from less than 50 yuan to 66 yuan in early July, an increase of 30%. However, after July, it began to fluctuate and decline, and the price on the latest closing day was less than 50 yuan. . The skeleton of New Hope is basically similar. It reached around 17 yuan in mid-July, and now it has fallen to less than 12 yuan.
The “pig cycle” has always been a curse that is difficult for China’s breeding industry to break. However, this year’s situation seems to show that this cycle is not the same as previously expected. At the end of last year, many places were releasing government-reserved meat to reduce pork consumption. The price, now it seems that the price of pork is not high compared with the previous years, and the demand in the peak consumption season does not seem to drive up the price of pork. If the farmers have a loss, then this cycle will definitely come, and it is probably just late.
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