Wholesale prices for pork have increased by 20 percent since March this year, growth continued in July. Now the market has an extremely high price. The last time this price was in September 2016.
Such an assessment is given by Anna Kudryakova, an expert on the meat market of the Institute for Agricultural Market Studies. The expert connects the current pricing policy with the spread of African swine fever (ASF). So the market reacts to reports of the closure of pig farms and new cases of disease detection in animals on private farmsteads.
Now the limit of growth in the wholesale price of pork has been reached, prices should go down. The future situation will depend on supply and demand. If prices start to rise in retail, demand may decline and stop further price increases. On the other hand, the supply in the market may decrease, if the ASF is distributed. In this case, prices can go further up.
Based on the materials of agroxxi.ru.
