The Chinese authorities' decision to impose strict rules on weaker pigs comes in response to market speculation and feed wastage. Small farms buy pigs from big farmers to fatten them, but the government wants to stabilize prices and reduce dependence on food imports. Poor demand and oversupply are affecting profitability, and pig prices have fallen significantly. Analysts point out that over-fattening leads to increased supply, worsening the price decline.
Sources
Guvernul chinez a hotărât că vrea porci mai slabi. Care este motivul acestei decizii
China vrea porci mai slabi (Reuters)
Povestea dietei pentru porcii chinezeşti impuse de autorităţi şi pariurile pe creșterea preţurilor prin "îngrășarea accelerată" (Reuters) - Economica.net
Latest News
15:10
Four employees of the Giurgiu Penitentiary have been suspended for abusive behavior after they beat a prisoner who went into cardiac arrest.
14:59
Dominic Fritz, the mayor of Timișoara, has been fined 10% of his salary for the next 6 months.
14:51
The Deputy Governor of the BNR explains why Fitch has reconfirmed Romania's sovereign rating.
14:40
President Nicușor Dan has promulgated the law regarding the declaration of a state of crisis in the oil market and has extended the deadline for reduced VAT on housing.
14:39
The White House will host a meeting with representatives of artificial intelligence companies to analyze a framework for testing cybersecurity.
See more news