Taiwan pig numbers boosted by Taisugar
Taiwan's state-owned Taiwan Sugar Co., Taisugar, is to provide more pigs to
the market to help meet the growing demand for pork, a Cabinet official for the
Commodity Price Stabilization Commission of the Executive Yuan has said.
"Under the resolution, Taisugar is urged to supply 600 more hogs per day in
the run-up to the Dragon Boat Festival to meet the growing market demand,"
Government Information Office Minister Vanessa Yea-ping Shih told reporters.
Shih explained that the move is
aimed at helping to stabilize the price of pork during the Dragon Boat Festival,
when local people usually eat Zongze, a glutinous rice dumpling that has pork as
one of its main ingredients.
The government will in principle offer
local farmer's moderate subsidies to ease their financial burden caused by the
surging fertiliser prices. According to market sources, the wholesale price of
pork on the market hit an all-time high of around NT$7,721 (US$253) per 100 kg
Saturday, up 62 percent year-on-year.
Shih made the remarks following
the first meeting of the Commodity Price Stabilization Commission convened by
Premier Liu Chao-shiuan since the inauguration of his Cabinet May 20.
The task force which will meet every two
weeks began operation under the former Democratic Progressive Party government
and the new administration will boost its operation to stabilize domestic
commodity prices, as part of an all out effort to revitalise the struggling
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