How much does pork cost per pound now? What will the price be in the second half of 2022?

Pork is an indispensable meat product in our lives, and changes in pork prices have always been a matter of great concern to consumers and breeders because it is directly related to everyone's wallets. Due to the increase in the proportion of live pig output in 2021 and the recovery of pork production capacity, pork prices continued to fall from January to April 2022. So how much does pork cost per pound now? What will the price be in the second half of 2022? Let's find out together.

1. How much is the current price of pork per pound?

According to the prices monitored by the Ministry of Agriculture and Rural Affairs from May 9 to May 15, 2022, the wholesale price of pork was 10.24 yuan per catty, and it has continued to rise for four weeks. Dongguan Feng Chao editor has also collected the recent changes in pig prices in various places, as follows:

1. The price of three-yuan pork outside Beijing is 15.94 yuan/kg; the price of three-yuan pork inside Beijing is 15.24 yuan/kg; the price of local pork is 14.97/kg.

2. In Tianjin, the price of three-yuan pork from outside the city is 16.03 yuan/kg; the price of three-yuan pork from inside the city is 16.13 yuan/kg; and the price of local pigs is 16 yuan/kg.

3. The price of three-yuan pork from outside Shanxi Province is 15.49 yuan/kg; the price of three-yuan pork from within Shanxi Province is 15.33 yuan/kg; the price of local miscellaneous pork is 14.91 yuan/kg.

4. The price of three-way crossbred pigs from outside Liaoning Province is 15.3 yuan/kg; the price of three-way crossbred pigs from within Liaoning Province is 15.15 yuan/kg; the price of local pigs is 14.99 yuan/kg.

5. The price of Shanghai's three-yuan pork from outside Shanghai is 16.18 yuan/kg; the price of Shanghai's three-yuan pork from outside Shanghai is 16.3 yuan/kg; the price of local pork is 16 yuan/kg.

6. The price of three-yuan pork from outside Hunan Province is 15.79 yuan/kg; the price of three-yuan pork from Hunan Province is 15.88 yuan/kg; the price of local pigs is 15.6 yuan/kg.

7. The price of pork from outside Guangdong Province is 18.08 yuan/kg; the price of pork from within Guangdong Province is 17.59 yuan/kg; the price of local pork is 17.13 yuan/kg.

8. The price of three-yuan pork from outside Sichuan Province is 15.85 yuan/kg; the price of three-yuan pork from Sichuan Province is 15.33 yuan/kg; the price of local pigs is 14.71 yuan/kg.

9. The price of three-way crossbred pigs outside Yunnan Province is 14.8 yuan/kg; the price of three-way crossbred pigs within Yunnan Province is 14.5 yuan/kg; the price of local pigs is 14.22 yuan/kg.

10. The price of three-way crossbred pigs outside Gansu Province is 14.87 yuan/kg; the price of three-way crossbred pigs within Gansu Province is 14.76 yuan/kg; the price of local pigs is 14.4 yuan/kg.

To sum up, the price difference between outer three-way pigs, inner three-way pigs, and local miscellaneous pigs is not very large, basically a few cents per kilogram, so people have more choices and can eat pork freely.

2. What will be the price of live pigs in the second half of 2022?

Judging from the current market conditions, my country has responded well to the impact of African swine fever and the new coronavirus. The number of pigs on hand has basically reached the level before the swine fever, and the goal of restoring production capacity has been achieved well. The number of breeding sows in 2021 also exceeded the normal holdings. The number of breeding sows in stock is also directly related to the output of live pigs. The supply of live pigs in 2022 will be relatively high. At the same time, the demand for pork has also decreased in the short term, and there will still be some pressure for pork prices to rise again in the second half of 2022.

What farmers need to do is to be flexible and not blindly expand the number of stocks, but to improve the feeding and epidemic prevention levels as much as possible on the existing basis. Free-range farmers should not increase the number of piglets they import. They can start with breeding sows and raise the pigs by themselves as much as possible to reduce costs, which will increase the chances of making a profit.