China to increase pork supply ahead of Chinese New Year by releasing more frozen reserves

China said it will increase the supply of pork ahead of Chinese New Year by releasing more frozen pork reserves. The Ministry of Agriculture said on Dec 17 that pork prices had fallen for four weeks in a row by late November. Pork supplies in China have been hit hard by African swine fever, leading to soaring prices. Inflation hit a year-high of 4.5% in November on the back surging pork prices.
The government also said it is increasing efforts to encourage small farmers to resume pig production.


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