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Thread: Can we afford to buy the pork?
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[quote=APAULT,235126]Supply and demand...for good or for bad, that is what we will see in China from now on. If the price of pork is rising we can expect to see more farmers switch from other activities to farming pigs in the hope of making better profits. Then the price will begin to fall until it is not worth starting up a pig farm or increasing your pig herd. At the same time, consumers will buy less pork and that will tend to reduce the price of pork. Overall a new balance or equilibrum will be established. There may be many things wrong with a full blown market economy, but it is fact that this priice mechanism works.[/quote]
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