China to buy third batch of pork for state reserves
The move should support hog prices
16 March 2022
1 minute read
By: China will buy a third batch of frozen pork for its state reserves, the National Development and Reform Commission said on Tuesday, to support hog prices in the world's top pork consumer.
Prices have dropped because of weak demand while the cost of grain has surged, hurting farming incomes, reported Reuters.
