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Agriculture council sets up task force to tackle rising pork prices
Central News Agency
2014-03-04 11:16 PM
Taipei, March 4 (CNA) The Council of Agriculture said Tuesday that it has set up a task force of officials, farmers and importers in an effort to combat rising pork prices pushed up by mass piglet deaths. The first meeting of the task force is set for Friday, said Chu Ching-cheng, deputy director of animal husbandry of the council. Prices of live pigs and pork have continued to rise as around 210,000 young swine have died from a viral disease outbreak starting in October in central and southern Taiwan. The market price of pork, a major meat in Taiwan, has risen to some NT$83.3 (US$2.75) per kilogram from the regular price of NT$60-65 per kg for this season, according to official statistics. Chu attributed the rising prices to pig farmers' reluctance to let go of their sellable pigs in the hopes that prices will continue to rise, calling on farmers to sell for the sake of stabilizing prices. He also called for the Fair Trade Commission to look into pork sales to see whether some wholesalers have been manipulating the prices. The short supply of pork and pork products is not expected to affect the market until June or July, according to the council. Amid the rising pork prices in Taiwan, some meat importers are taking advantage of the opportunity to import more pork products from the United States, a meat importers' association said. (By Yang Shu-min and Elaine Hou)
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