Correlation Analysis Between Pork Price and Beef Price

Abstract

Pork occupies a significant proportion in the consumption structure of our daily life and is the main consumer goods. The quality and safety of pork relates to people's health and basic consumption safety, as well as the stability of the food market and the competitive position in international trade. In recent years, consumers have expressed concerns about the quality and safety of livestock products in the face of the mad cow disease, swine bird flu and foot-and-mouth disease, and many economists say that changes in pork prices could influence the entire Chinese economy. Therefore, this paper collected 31 groups of data from China pork network and price trend network, and published and collected 91 online questionnaires. It conducted Contingency Analysis, Analysis of Variance, and Regression Analysis on pork prices and beef prices to verify the relationship between pork prices and beef prices, and to test the impact of pork prices on beef prices, so as to draw conclusions and put forward corresponding policy recommendations.