Monday, July 16, 2007

China Boosts Meat, Eggs Supplies, Curbs Corn Trade to Rein In Food Prices

(Bloomberg) -- China will boost the supply of meat
and eggs, ban hoarding and restrict exports of corn feed to ease
surging food prices, the top planning agency said.

Pork will remain in shortage ``for a fairly long time''
because the number of sows increased only in May, keeping prices
high, the National Development and Reform Commission said in a
statement yesterday on its Web site. China will boost supply of
mutton, beef and especially poultry and eggs, the planner said.


Read more at Bloomberg Commodities News

No comments: