Two-pronged aim

January 15, 2009, Thursday |

Print Edition

CHINA, the world's largest consumer of pork, may limit imports and boost exports of the meat to help support hog prices, according to a government statement.

Regulators will also use government pork reserves and subsidies for farmers and meat processors to keep the sale price of hogs at between 6 and 9 times the price of corn, the National Development and Reform Commission said yesterday. Controls to cut imports and raise exports may be employed when hog prices fall below 5 times the price of corn, said the NDRC on its Website.

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Two-pronged aim

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