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Taiwan pig farmers facing “crunch”

A lawmaker has urged the Taiwanese central government to look into what he calls an "unprecedented crunch" facing the nation's pig farmers whose livelihoods have been seriously affected by rising feed prices and steep drops in pork prices.

Democratic Progressive Party (DPP) Legislator Pan Meng-an asked the government to reduce pork imports to help stabilise pork prices in Taiwan. During the first five months of this year before President Ma Ying-jeou came to power, pork imports were maintained at a level between 1,000 tonnes and 1,200 tonnes per month, he said.

After Ma assumed office on May 20, pork imports surged to 2,700 tonnes in June, 4,000 tonnes in July and 4,900 tonnes last month — causing pork prices in the domestic market to plummet rapidly despite the fact that almost all other product prices were still rising.

The rise in feed prices has meant that pig farms are loosing NT$400 for each pig they sold.

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