China pork prices seen rising to year-end
Updated: 2011-09-08 15:00
(Agencies)
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SHANGHAI - Prices of pork in China will continue to rise till the end of the year due to tight supply and higher feed costs, a senior industry official said on Sept 8.
"Corn prices have continued to rise over the past few months so that will increase production cost for farmers," Qiao Yufeng, vice president of the China Animal Husbandry Association, told Reuters on the sidelines of a conference.
Qiao added that supply of live hogs would see a meaningful increase only in the first half of next year.