China’s pork supply continues to improve – ministry
A mix of policy changes and import hikes are shoring up China’s pork supply and stabilising prices after African swine fever outbreaks decimated its pig herd.According to reporting in CGTN, China’s pro-hog production policies and ramped up imports are stabilising its pork supplies. The Agriculture Ministry believes that the strategy will keep pork prices steady for the rest of the year.
Since the beginning of 2020, the Chinese government has taken proactive steps to boost pork supplies. This has included auctioning frozen pork reserves and increasing imports. The Agriculture Ministry has also adopted policies that support pig producers and farm expansion. They are also making moves to prevent outbreaks of African swine fever.