Liaoning Province has released its quarterly price monitoring report on key agricultural products for the period from July 1 to September 30.
During this quarter, the supply of key agricultural products across the province remained ample. Grain and oil prices were broadly stable, pork prices recovered moderately, egg prices remained elevated, and vegetable prices rose before falling back.
Pork prices recover moderately.
In July, influenced by a phase of tightened supply and the emergence of policy support effects, live hog prices showed a clear rebound. At the same time, sustained rainfall and rising temperatures increased breeding and logistics costs, pushing pork prices up slightly. In August, breeding enterprises scaled back secondary fattening, leading to a reduction in the market supply of heavy hogs. With the summer consumption lull and high temperatures dampening household pork demand and restaurant spending, the pace of pork price gains narrowed. In September, large-scale pig enterprises increased their slaughter plans, while heavy hogs previously held back were released in a concentrated manner. Standard hog slaughter volumes remained at elevated levels, and slaughterhouses seized the opportunity to push prices down. The back-to-school season and holiday stocking provided only brief and modest support, and pork prices edged lower.
As of September 30, the average price of live hogs (per 500 grams, same below) stood at 5.39 yuan, up 9.78% from the start of the quarter (July 1) and down 18.58% year-on-year. The price of pork (boneless hind leg meat) was 9.35 yuan, up 8.59% from the start of the quarter and down 15.46% year-on-year.
Egg prices remain at elevated levels.
In July and August, hot weather reduced the laying rate of hens, causing a short-term contraction in supply that drove egg prices higher. In September, schools reopened and canteens made bulk purchases, mooncake and pastry factories stocked up ahead of the Mid-Autumn Festival, and supermarkets and traders built inventories in advance. This concentrated short-term demand pushed egg prices up. In late September, pre-holiday stocking was largely completed, and the boost from festive consumption faded. Meanwhile, as temperatures cooled in early autumn, hens replenished in the first half of the year gradually began laying, and the laying rate recovered steadily. Market supply became more ample, and egg prices fell back.
As of September 30, the average price of eggs was 5.51 yuan, up 14.32% from the start of the quarter and up 32.77% year-on-year.
Vegetable prices rise first, then decline.
In July, the province entered its main flood season. Heavy rainfall affected vegetable production and transportation, reduced local vegetable output, and increased losses, causing vegetable prices to rise slightly. In August, local summer vegetables were winding down while autumn vegetables had not yet come to market in volume. Leafy vegetables partially relied on out-of-province shipments. At the same time, rainfall and typhoons in other regions increased harvesting, transportation, and storage losses, extending the price uptrend. In September, as the weather turned cooler and autumn vegetables gradually entered their production season, coupled with ample incoming supply from other regions and lower storage and transportation loss costs, vegetable prices gradually declined.
As of September 30, the average price of the 16 key monitored vegetables was 2.73 yuan, up 7.06% from the start of the quarter and down 4.21% year-on-year.
Grain and oil prices broadly stable.
As of September 30, the provincial average prices of rice, flour, and soybean oil (5-liter bottled) were 2.79 yuan, 2.70 yuan, and 64.13 yuan respectively. Compared with the start of the quarter, these were unchanged, down 0.74%, and down 0.65% respectively, and year-on-year changes were 0.36%, -2.53%, and -1.85%.