According to monitoring by the Ministry of Agriculture and Rural Affairs, pig and pork prices across the country have been rising for two consecutive weeks since July, with significant increases. On July 12, the wholesale price of white striped pork in the Beijing Xinfadi Market was 14.4 yuan per kilogram, up 15% from July 1. Liu Tong, a market analyst at Xinfadi, said, “The highest price in early July appeared on July 8. The average price was 14.55 yuan per kilogram, the highest price since the Spring Festival this year.” On the breeding side, pig prices across the country also began a continuous upward trend at the end of June, with a cumulative increase of 12.8% in the past two weeks. Experts said that as production capacity for breeding sows continues to decline, the supply pressure for pigs to be released will gradually ease in the second half of the year. From the demand side, preparations for the beginning of the school season at the end of the third quarter and the Mid-Autumn Festival and National Day will drive a recovery in consumption, and there is a basis for a moderate recovery in pig prices. Farmers are advised to rely on the current rebound and positive market conditions and arrange for pigs to be released in an orderly manner.

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