Analysis of the Rise and Fall of Pork Prices and Prediction of the Future Pork Market

DOI

10.2991/aebmr.k.220307.055How to use a DOI?

Keywords

Pork; Market; Corn; Prices; Self-sufficiency; Overcapacity

Abstract

In the past two years, data from the National Bureau of Statistics showed that domestic pork prices fluctuated repeatedly. Prices are rising internationally. COVID-19 has ravaged the world for two years. Pork production capacity declined rapidly in 2019. Then came the second blow of the COVID-19 pandemic. In the second half of the year, as production capacity recovers and demand falls, pork market excess capacity. Based on the data of 2020 and 2021, this study will focus on pork stock and the prices of corn to forecast the trend of pork prices in 2022. Rooted in the pork market in 2020 and 2021 and international and domestic corn prices, pork prices are forecast to continue to rise in the second half of 2021 and 2022.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Jiayi Zhao
PY  - 2022
DA  - 2022/03/26
TI  - Analysis of the Rise and Fall of Pork Prices and Prediction of the Future Pork Market
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 350
EP  - 354
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.055
DO  - 10.2991/aebmr.k.220307.055
ID  - Zhao2022
ER  -