
Surachai Sutthitham, president of the Swine Raisers Association, said red meat will now retail at Bt105-Bt107 per kg.
He attributed the decision to a 5 per cent drop in feed meal cost. He refrained from commenting if the price would be further cut, citing that the government's corn price intervention could delay a further drop in feed meal prices. He noted that the corn pledging price of Bt8.50 per kg is over market value.