Government Not Interfering in Pork Price Rise

TAIWAN - Taiwan's pork prices have been affected dramatically due to the skyrocketing of international commodities.
calendar icon 2 June 2008
clock icon 2 minute read

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.

© 2000 - 2023 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.