Page 30 of articles about pig price

China’s potential to affect the world pork market derives from the size and volatility of its domestic pork market.

European finished pig prices remained at a high level through the second half of 2011.

The FAO Meat Price Index averaged 179 points, half a percent (1 point) above its December value. Prices of the various meat types followed mixed directions, with pig meat up 2.8 percent.

A zero-duty tariff-rate quota for 70,000 MT of fresh and frozen pork bellies and pork for processing is opened from January 1- March 31.

2012 Italian pork meat production is expected to stagnate at 1.6 MMT following the trend in slaughtering.

The FAO Meat Price Index averaged 179 points, slightly down compared with November. The decline was mainly driven by pig meat, whose price dropped by 2.2 percent

Vietnam exports 6,000 pigs weighing around 135 tonnes daily to China via border gates in two Northern provinces of Lang Son and Quang Ninh, said the Animal Health Department.

China's pork imports are likely to hit a record this year, but the surge will have limited influence on surging prices, analysts said.

Of the 1 billion pigs being raised in the world, about half are in China, where pork consumption is increasing as the Chinese economy develops. As a result, pork prices are rising, a trend that is impacting the world economy.

Retail pork prices rose by 3.1% in July, according to the RPI index, compared with a year ago says the latest BPEX quarterly category report.

Pork prices in China rose to a record high of 26.22 yuan ($4.1 yuan) a kilogram last week, according to figures from the Ministry of Commerce.

VEVA proposes the voluntary reduction of sows by 20%, going from 500.000 actual sows to 400.000.

The Department of Internal Trade (DIT) under the Ministry of Commerce has stopped announcing recommended pork prices after finding price fluctuations are volatile and supplies are still in shortage.

China will release some of its pork reserves onto the market at an "appropriate time" to help stabilise prices of the country's staple meat, an important driver of inflation, state media reported on Saturday.

The Chinese government announced a new fiscal support policy that will increase the country's supply of live pigs, which is expected to drive down pork prices and ease inflation worries, according to a meeting of the State Council, or China's cabinet, held on Wednesday.