According to data from the Luoyang City Bureau of Commerce, the average retail price of beef rose from 37 yuan/kg on January 6th to 51.6 yuan/kg today, a rise of 39.45%. The current average retail price of lamb is 61 yuan/kg. The RMB 59/kg in early December rose by 3.39%. Industry insiders predict that with the approach of the two quarters, the price of beef and mutton will continue to fluctuate at a high level.

Public beef and mutton prices rise too fast

“Now the food market is tense. The prices of beef and mutton are rising for almost two days.” In a farmer's market in the west of the city, Auntie, who came to buy food, couldn't help but sigh.

In this market, the price of beef per kilogram approached 27 yuan. "I feel more than half faster than at the beginning of the year." Aunt Wang said that the family likes to eat beef. She usually buys more. "As beef prices continue to increase, now go to the hotel to order beef or eat a bowl of beef noodles. The amount of meat is less than before."

Not only beef, but also the price of mutton has been rising. Since the winter solstice, mutton prices have continued to rise because of the relationship between supply and demand in the market.

Analysis of supply can not keep up with demand prices may also rise

According to the analysis of the staff of the Market Operation Department of the Luoyang Municipal Bureau of Commerce, the basic reason for the continued rise in beef prices in the city is that supply is far behind the market.

The staff member said that beef cattle breeding is now on a small scale and the supply is small. The increase in beef prices has focused on the lack of beef cattle production capacity in the city, and the growth of supply has not kept pace with the increase in demand. In the present, people are reluctant to raise cattle because of their high cost, high risk and long breeding cycle.

At present, the rising cost of livestock and concentrates and the cost of refined feeds, coupled with rising labor costs, raises the profit margins due to rising feeding costs. It is not as good as raising a few cows to earn more money. , which led to rapid exit of retail investors. The slow development of large-scale farming in Luoyang City still cannot make up for the output gap of the individual exit. “There is a rapid increase in consumer demand. From the perspective of consumer demand, although pork is still the main force of meat consumption in Luoyang residents, the share of beef and mutton consumption continues to rise as the living standards of residents increase.” It was the busy season of beef and mutton consumption, and the arrival of distributors in the two quarters also increased the reserve volume, resulting in a large increase in demand,” the staff member said.

According to analysis by industry insiders, due to the impact of the twin festivals, coupled with the shortage of beef and mutton supply, the situation is not effectively solved in the short term. It is expected that the price of beef and mutton will continue to fluctuate at a high level in the later period.