June 12, 2009
Malaysia pork price talks unsuccessful
A meeting between Malaysia's pig farmers and pork sellers aimed at resolving tensions originating from pork prices, has ended unsuccessfully.
The pig farmers and pork sellers are in disagreement over the ex-farm price of pigs which have been raised four times in less than two months to a five-year high of MYR700 per 100 kilogrammes and pork sellers threatened to pass on the additional cost to consumers.
The Federation of Livestock Farmers Association pig unit chief Beh Kim Hee said that from now on, pig farmers would leave the ex-farm prices of pig to market forces and would stop the practice of making weekly announcements on the prices, a decision the National Pork Sellers Association deemed "irresponsible".
