China's new slaughterhouse rules keep lid on pork prices for now
Story Date: 5/16/2019

 

Source: REUTERS, 5/14/19

China’s pork prices are being kept in check even as pig production continues to drop, with tough new rules on slaughterhouses crimping trade and pushing frozen pork stocks onto the market, according to analysts. Hog prices in the world’s top producer rose sharply in early March as losses from an epidemic of incurable African swine fever started to impact supplies. The prices leveled off in mid-March, however, and in many areas have declined in May, confounding anticipation of a rapid rise in pork prices after widespread culling..

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