China

China hopes to achieve balance in pork supply and demand

Pork

The peak season of meat consumption in China is here and officials are trying to keep the market under control by releasing reserved pork from the state inventory.

Posted on Dec 17 ,08:46

China hopes to achieve balance in pork supply and demand

China's pork market may beat expectations with balanced supply and demand during the upcoming Chinese New Year, said the Ministry of Agriculture and Rural Affairs, according to Xinhua News.

Increased pork import, stacked hogs to hit shelves and reserved pork released from government and commercial inventory will expand supply for the staple meat during the holidays, one the high-ranked officials in the ministry told in a press conference.
Increased production in poultry, beef and mutton is also expected to stabilize the meat market in the country for the next couple of months. China also reported a small increase in pig output in November and the government has presented a three-year plan to restore hog production. However, next year the bio-security crisis in the country is expected to reach its peak driving up meat imports to levels never seen before.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

Belgium

ASF - Belgium strategy pays out

Belgium has always been free of African swine fever in domesticated pigs and still is. On 13 Sept...


Read more Read more
International

Is China a benchmark for the food industry in times of covid-19 crisis?

At the same time, China may and may not offer and example of how the food industry could deal wit...


Read more Read more
Russia

Russia creates Green Lane to secure supplies for animal farmers and vets

Russia has simplified the procedures for general good imports by eliminating for 30 days some of ...


Read more Read more
Websolutions by Angular Software and SpiderClass