China’s pork prices drop for the first time in more than a year as shortage eases
Story Date: 11/20/2020

 

Source: Evelyn Cheng, CNBC, 11/10/20

 
Prices of pork in China fell for the first time in more than a year, after months of surging prices for the country’s most popular meat. Pork prices fell 2.8% in October from a year ago, China’s National Bureau of Statistics said Tuesday. The drop was the first since February 2019, or more than a year-and-a-half ago. Prices doubled last fall and continued their rapid rise into this spring as African swine fever killed swaths of pig herds in China.

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