Thailand Pork consumption is stable, although facing an oversupply since the last quarter of 2016. The price of live pigs (ex-farm) in Thailand has risen slightly to $1.67/kg due to the government’s measure to boost consumption. It did so by injecting cash into certain income groups to spend during the Lunar New Year festival. Surachai Sutthitham, President of the Swine Raisers Association of Thailand, said pork prices went down since the second half of 2016 due to oversupply of pork and slowing consumer demand amid low agricultural prices. But there is confidence in the pig business and there are some companies building greenfield site modern pig farms with. Read more...
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