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Friday, April 19, 2024

‘Pork prices may take year to drop’

Department of Livestock Development director-general Sorawit Thanito

The price of pork price should fall back into the normal range in about eight months to a year, according to the Department of Livestock Development (DLD) director-general.

Sorravis Thaneto on Friday briefed media on current efforts to bring the price under control as well as the details of a private meeting held with Prime Minister Prayut Chan-o-cha earlier in the day on the matter.

Gen Prayut had ordered a survey into the exact number of pigs being raised for slaughter in Thailand which the Interior Ministry will oversee, said Mr Sorawit.

Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow, meanwhile, said he is in favour of lowering the tax rate on animal feed to help rein in the soaring price of the product.

He had…

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