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Monday, May 6, 2024

PM urges action as pig prices fly high

A vendor arranges the price tags of various pork cuts at Pak Nam market in Samut Prakan. (Photo: Somchai Poomlard)

Both consumers and vendors are bearing the brunt of rising pork prices arising from multiple factors including the fact that over half of the nation’s farmers have already given up their pig farms due to overly high production costs.

As a result, Prime Minister Prayut Chan-o-cha on Tuesday instructed the Ministry of Commerce and Ministry of Agriculture and Cooperatives to speed up efforts to ease the problem from farm to table without interfering in market dynamics, said government spokesman Thanakorn Wangboonkongchana.

Having risen for almost two straight weeks, pork prices on Tuesday stood at between 210 baht and 230 baht per kilogramme, up from about 150 baht per kg before they started…

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