date:Feb 21, 2014
The Chinese government announced on Wednesday (19 February) a pork purchase plan to stabilize depressed prices, as production of live pigs remain high.
The move will prevent excessive decline in prices of live hogs, stabilize husbandry and protect farmers, the National Development and Reform Commission (NDRC), China' top economic planning body, said on its website.
The NDRC forecast that prices will drop further in the coming months when consumption is traditionally low, and advised farmers to