China moves to stabilize pork market as prices slide

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China’s National Development and Reform Commission (NDRC) announced that it will begin stockpiling pork after prices fall sharply during the summer. Hot weather weakened demand, while farms selling hogs for secondary fattening pushed supplies higher, driving the hog-to-corn price ratio below 6:1. Th...

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Asian Agribiz Team
Based in Bangkok, Colombo, Ho Chi Minh City, Jakarta, Kuala Lumpur, Manila