China to buy third batch of pork for state reserves

The move should support hog prices
calendar icon 16 March 2022
clock icon 1 minute read

China will buy a third batch of frozen pork for its state reserves, the National Development and Reform Commission said on Tuesday, to support hog prices in the world's top pork consumer.

Prices have dropped because of weak demand while the cost of grain has surged, hurting farming incomes, reported Reuters.

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