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

SPAIN

ELPOZO is the most present brand in Spanish homes

The brand has been awarded for having the best performance in the market in the last year. For t...


Read more Read more
UK

The UK prime cattle slaughter forecast for 2025 has been revised upwards to 2.03 million head

Northern Ireland cattle data revisions Please note that DAERA (Northern Irish Department of Agri...


Read more Read more
USA

JBS USA to invest $135 million in new sausage plant in Perry, Iowa

The new facility plans to produce 130 million pounds of sausage, processing 500,000 sows each yea...


Read more Read more
Websolutions by Angular Software and SpiderClass