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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

Government of China to Regulate Pork Pricing

08/02/2021

The sharp decline in the price of pork has stimulated the central government to intervene to support small and medium-sized farms.  Increase in availability of product both from restored production, especially from large complexes and also from imports, has resulted in lower prices.  Small-scale farmers have consigned hogs to market for fear of losing animals from African swine fever that has demonstrated an upsurge in incidence in recent weeks. 

 

Most recently farmers in many provinces, including Henan, have been affected by floods resulting in the Cabinet evaluating the feasibility of extended support programs.  In the short term, local governments have offered temporary relief including extension of loans to those impacted by flooding and African swine fever.


 
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