China - Supply to continue to exceed demand for live pigs
http://english.chinafeed.org.cn/main_itemdetail_en.php?column_id=181&item_id=5619&PHPSESSID=119cbc9f2abd0900566f7d2b4d404c38
06-Jul-2009 (16 years 11 months 7 days ago)Although live pig prices have rebounded recently, supply will continue to exceed demand in the live pig market for some time, according to an analysis by the National Development and Reform Commission (NDRC).
Thanks to the timely launch of a contingency plan to prevent excessively low live pig prices, which involves disseminating early warning nformation, collecting frozen meat for centralized storage, the situation of decreasing prices changed in early May. Live pig market prices have consecutively increased over the past three weeks.
Thanks to the timely launch of a contingency plan to prevent excessively low live pig prices, which involves disseminating early warning nformation, collecting frozen meat for centralized storage, the situation of decreasing prices changed in early May. Live pig market prices have consecutively increased over the past three weeks.