“黑色星期一”对猪肉需求的影响

　　US - How will the most recent version of “Black Monday” for equity markets impact consumer behavior and, more importantly, pork demand? That is a question on many producers’ minds this week and so it should be, writes Steve Meyer in the National Hog Farmer. The decline in stock markets around the world threatens to damage consumer wealth and attitudes. Both are important factors in demand. Economic theory tells us that consumers optimize their well-being by purchasing alternative goods and services subject to their budget constraints – i.e.: the amount of money they have to spend. That budget constraint is driven primarily by income levels, but it can also be affected by borrowing or repaying debt and by the amount of wealth held by the consumer. That wealth can be in the form of cash or various assets including real estate, equities and debt instruments.

　　美国——最新版本“黑色星期一”股市对消费者行为的影响如何，更重要的是，对猪肉需求的如何，它应该是本周许多生产商心中的问题，史蒂夫·梅耶在《全国养猪者》中写道。世界各地的股市下滑可能会损害消费者的财富和态度。它们都是需求的重要的因素。经济理论告诉我们，通过购买相应的货物和服务，消费者优化他们的幸福主题——即其预算约束。:他们要花的钱。预算约束的主要原因是收入水平，但它也可以被借款或偿还债务及消费者所拥有的财富数量影响。财富可以是现金或各种形式的资产，包括房地产、股票和债务等。