Головна Consumer market Pork prices will increase by 2-5% on the eve of New Year...

Pork prices will increase by 2-5% on the eve of New Year holidays

Pork producers hope for a revival of trade in anticipation of the winter holidays.

This was stated by the head of the analytical department of the Association “Pig Breeders of Ukraine” Oleksandra Bondarska, reports ProAgro Group.

“We note a certain mood of revival among producers and processors, and in a week the revival will reach the retail trade. Pork prices may reach peak prices of October level, when there was a maximum purchase price in the live stock market,” – said the expert.

According to her, an increase in the purchase of live stock starts after December 20, then the price stabilizes and will hold until the end of the Christmas holidays, and then, after Christmas and the long weekend, the price will gradually decline.

Now the average retail price of chilled pork is 130 UAH/kg, which is 3.3% more expensive than in mid-December last year.

“On the other hand, we should not fear a catastrophic rise in price of pork and its shortage on the supermarket shelves. The price increase will most likely be limited to 2-5%,” the expert summed up.

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