Pork prices have surged by 15%.

According to the monitoring of the Ministry of Agriculture and Rural Affairs, the prices of live pigs and pork in China have been rising continuously for two weeks since July, with a significant increase. On July 12th, the wholesale price of white-barred pigs at Beijing Xinfadi Market was 14.4 yuan per kilogram, a 15% increase compared to July 1st. Xinfadi Market analyst Liu Tong said, "The highest price in early July appeared on July 8th, with an average price of 14.55 yuan per kilogram, the highest since the Spring Festival this year." At the breeding end, the national live pig prices also started a continuous upward trend at the end of June, with a cumulative increase of 12.8% in the past two weeks. Experts believe that with the continuous reduction of sow production capacity, the pressure on the supply of live pigs in the second half of the year will gradually ease. From the demand side, the back-to-school season at the end of the third quarter and the double festival stockpiling for Mid-Autumn Festival and National Day will drive consumption recovery, providing a moderate foundation for the gradual recovery of pig prices. It is recommended that breeding households take advantage of the current rebounding market conditions and orderly arrange the marketing of live pigs.