Ji'nan pork "worth" continued to slump, down 40% during the Spring Festival.
http://news.iqilu.com/shandong/shandonggedi/20120418/1194728.shtml
the Ji'nan daily intern reporter Lu Hong
since the first month of the month, the price of pork has fallen all the way. The reporter visited many supermarkets and vegetables market in our city, the market price of neck and back meat is about 27.8 yuan per kilogram, the price of five flower meat market is about 25.8 yuan / kg, and the price of some brands of meat also has a large reduction, up to 40% than that during the Spring Festival.
it is understood that the price of the pig dropped by nearly 3 yuan per kilogram, and the current price dropped by nearly 4 yuan over the Spring Festival. According to a farmer who has raised pigs for many years in Jiyang, he told reporters that raising a pig can earn 500 yuan a year ago, and now it has shrunk to 100 yuan. According to the industry, the main reason for the drop in the pork market is that the price of the pork is 20 yuan / kg, which leads to the rise of pig raising, and the excess of the product leads to the continued low price of pork. However, it is estimated that pork prices are already at the bottom of the valley, and there will be no further decline.