The coronavirus in China is affecting pork prices

Since December 2022, the Chinese pork market has seen a week-by-week decline in pork prices. This is despite the fact that December and January are traditionally the best months for the industry each year. The decreases are due to the SARS Cov-2 epidemic in China, and more precisely its uncontrolled progress due to the lifting of the restrictions of the "zero Covid" policy. Despite the apparent crisis in pork, the Chinese government did not activate the intervention mechanism, despite having done so many times before with much lower price drops. Huge drop in pig prices According to the monitoring data on pork prices conducted by the Chinese Ministry of Agriculture and Rural Affairs in ...