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Thai Govt Tackles Soaring Pork Prices, Plans Domestic Solutions


snoop1130

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In response to public concerns over the high cost of pork, Thailand's Ministry of Commerce has announced measures to address the issue. Commerce Minister Pichai Naripthaphan noted that domestic pork prices are significantly higher than imported pork, prompting the ministry to act.

 

The Ministry of Commerce has tasked the Internal Trade Department with collaborating with various agencies to find solutions. The objective is to make the pork pricing chain fairer for consumers. Ministry spokesperson Witthaya Maneenate stated that importing pork is not currently part of the plan. The focus remains on resolving domestic issues so that the public does not bear the burden of high pork prices.

 

The government is particularly worried about the high price structure within Thailand. Minister Pichai has directed an examination of the entire pork supply chain, including piglets’ costs, feed prices, and farming management practices. The goal is to enable all actors in the supply chain—producers, slaughterhouses, and processors—to reduce costs and improve competitiveness.

 


 

 

 

With the average price of live pigs at 72.3 baht per kilogramme and domestic pork at 133.94 baht per kilogramme, the ministry aims to find cost-saving measures. These measures will then be reported to the minister to ensure swift action.

 

The initiative aligns with growing public concerns over rising food costs, which have strained household budgets. By meticulously examining costs in pig farming and pork production, the government hopes to find sustainable solutions that benefit both producers and consumers. The overarching aim is to keep pork affordable for Thai consumers while maintaining efficient operations within the food supply chain.

 

The ministry has also urged relevant agencies to quickly propose strategies to reduce production costs. It's essential that any savings are passed on to the public, easing the financial strain on households.

 

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-- 2024-09-24


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12 hours ago, snoop1130 said:

The objective is to make the pork pricing chain fairer for consumers. Ministry spokesperson Witthaya Maneenate stated that importing pork is not currently part of the plan. The focus remains on resolving domestic issues so that the public does not bear the burden of high pork prices.

Start importing pork and force domestic prices down.

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There has been a significant reduction in pork production in Thailand since the African Swine Disease outbreak.

Many small operators have dropped out of the business due to high cost of feed .

Imports can stabilise the price of the peoples stable diet of pork.

The minister of commerce does not mention what the real problems are.

 

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1 hour ago, Thingamabob said:

The cruelty that pigs, and many other animals, suffer while being raised, transported and slaughtered, is appalling. Eating animals is disgusting.

Everyone is entitled to their opinion.   However; i have no wish to live on Rabbit Food without Meat and that's my choice.   Years ago i had a good friend who worked in a Laboratory and he always said to me ''If you saw the things i see inside Animals Bodies you too would become a Vegetarian'' .  Again; his opinion and i respect that, but doesn't mean i'm not going to continue eating Meat !

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If any Government was serious about lowering prices of anything they would introduce Price Caps and tell the Processors '' Get your product from anywhere you like Domestic or Imports but this is the Capped Price which the Consumers will be made aware of'' .

 

 Suppliers and Supermarkets inThailand are too free to engage in Price Gouging and they take full advantage of that with so little Competition !

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This is a classic problem. They need to analyse the reason why domestic pork is more expensive, and find reasons to justify the extra cost to the consumer. Subsidizing by the gov’t is a bad idea.

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