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PIG PRICES

Pork prices down Bt5 per kg

Swine raisers have agreed to cut pig prices by Bt1 per kg, to Bt55, with immediate effect, which would lead to a Bt5-per-kg drop in pork prices.



 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.

 


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