Hog prices in China up in mid-June

 

Source: Xinhua(China)|Editor: huaxia

2020-06-25

 

BEIJING, June 25 (Xinhua) -- The price of pigs in China rose 6 percent in mid-June compared with the previous 10 days, data from the National Bureau of Statistics showed.

 

Since last year, China has implemented a string of policies to encourage hog production and stabilize pork prices affected by African swine fever and other factors.

 

To soften the impact of COVID-19, China has ramped up financial support including subsidies and loans to major pig-producing counties to restore production, and pork and hog prices have gradually retreated despite some fluctuations.

 

Data also showed...

 

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