China releases stockpiled pork to cool price surge
18-Sep-2019
- China
Photo by 天琦 王 on Unsplash
Pork prices have spiked almost 50% from a year ago following a devastating outbreak of African swine fever that killed or prompted authorities to destroy more than 1 million pigs.
That has pushed up global pork prices as Chinese importers buy foreign supplies.Authorities earlier announced an initiative to revive pork production with official support to farmers including subsidies to rebuild their pig herds and improve facilities. (dpa)
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