Research on market price transmission mechanism of Chinese mutton sheep industry chain
Based on the average price data of the mutton sheep industry chain market from May 2010 to December 2021,the study explored the impact of upstream,midstream,and downstream industry chain markets on the price transmission mechanism of the mutton sheep market,and further clarified the long-term equilibrium relationship of the price transmission mechanism of the Chinese mutton sheep industry chain market.The results showed that due to multiple factors affecting the price of soybean meal,there was no long-term equilibrium relationship between the market price of the Chinese mutton sheep industry chain and the price of soybean meal.The price transmission between corn prices,forage prices,mutton sheep market prices,brand mutton prices,deep processed mutton prices,and apparent consumption volume prices is relatively sufficient,which is the main reason for affecting the market prices of the Chinese mutton sheep industry chain.
mutton sheep industry chainmarket price transmissionsoybean meal pricebrand mutton price