Government Not Interfering in Pork Price Rise

Council of Agriculture Chairman Chen Wu-Hsiung said Monday at the legislature that the government is taking a hands-off policy for now:

"There's no pork supply crisis. Pig farmers have to raise prices to reflect their costs. That's normal and nothing we should interfere with. If we hold down the price of pork, pig farmers will not raise more pigs which could result in a shortage down the line."

Seafood prices have also gone up as fishermen find the fuel costs for their ships too high for them to go out to sea. Chen said that the council would partially subsidize fuel and encourage fishermen to renew their fleet to boost efficiency.

ThePigSite News Desk

Sign up for our
regular news updates

More of the latest Pig Industry News

•   OIE Monitors Global Pandemic H1N1 2009 Situation
•   CPC Urges Action on Canada-Columbia FTA
•   Guidance Document on Pig Protection Endorsed
•   NFUS Urges Participation in Carbon Footprint Study
•   Defra's New Guidelines to Reduce Salmonella in Feed
•   Study to Bring Benefits to Meat Sector
•   New Merck Company Begins Operations
•   Influenza A/H1N1 Outbreak in Swine Confirmed
•   Ensuring the Most Exposed Animals the Best Welfare
•   Pork with Anabolic Steroid Found in HCM City