Chinese pig production rises 3.5%
According to a report by the
China's Ministry of Agriculture (MOA), China produced 540.77 million pigs, a
3.5% increase for the first nine months of 2006.
China exported 207,500 tonnes of
chilled/frozen pork valued at US$301 million between January and October 2006.
Approximately 75% of the products were shipped to North Korea, Vietnam and Hong
China's processed pork exports
grew 10% to 106,600 tonnes, mainly to Japan, Hong Kong and Malaysia. China's
total exports of pig products including chilled/frozen pork, processed pork, as
well as pork by-products and live pigs were valued at US$726 million.
In the domestic market, pig
prices started to climb from this June, following a 21-month decline. MOA
predicted the prices would continue to rise with increasing pork demand
stimulated by New Year and Spring Festival.
For the latest pig
news, subscribe here
To comment, login here
Or register to be able to comment.