Pork prices almost double in 12 months

时间：2007-08-15 08:06:48

（单词翻译:单击）


 
BEIJING, Aug. 15 - China's corporate1 pork price rose 11.5 percent in July, making an 85.8-percent increase on the same month last year, according to figures from the People's Bank of China on Tuesday.

 

The corporate goods price, previously2 known as the wholesale3 price, refers to prices paid by domestic companies.

 

In a related development, July saw frozen pork rise 89.2 percent in price since July last year.

 

The soaring prices, due largely to short supply and mounting production costs, contributed significantly to China's 33-month-high CPI, which rose 5.6 percent from July last year. The key inflation indicator4 was well above the government-set alarm level of three percent.

 

The government has taken measures to curb5 soaring pork prices.

 

A branch of the China Development Bank (CDB) in the northern Hebei Province is discussing financial support for the New Hope Group, a major pig breeder in the southwestern Sichuan Province, and Beijing Qianxihe Food Group, a key pork supplier in the capital, in a project to supply six million pigs annually6 for Beijing, Tianjin and Hebei.

 

In order to minimize breeders' risks, pig insurance has been set up to cover almost every natural risk for farmers, an official with the China Insurance Regulatory Commission said.

 

Chen Weisheng, deputy director of the Livestock7 Husbandry Department of the Ministry8 of Agriculture, said in an online interview on Tuesday, "The pig breeding industry is recovering."

 

Chen said pig populations on major farms rose 7.3 percent in July from July last year, up 2.1 percent on the previous month.

 

Sales of pig feed in June rose six percent from June last year, with feed for sows up 5.6 percent, and that for young pigs up 13.5percent, Chen said.

 

He was supported by Xu Xihe, deputy director of the Market Operation Department of the Ministry of Commerce, who said pork prices would stabilize9 as more pork would come on to the market soon.

 

Future pork supply lay in large and medium-scale pig farms, Chen said.

 

The number of larger farms was rising while the number of pigs raised in small farms was declining, Chen said.

 

"Small-scale breeding generates little profit so pig farmers seek other livelihoods," Chen said.

 

"The initial investment, for stock, feeds and facility construction, is huge," said Liu Geyang, a farmer who raised three pigs.

 

"Who knows what pork prices will be when the pigs are sold," he said.

 

分享到：


点击收听单词发音收听单词发音  

1 corporate 7olzl     
adj.共同的，全体的；公司的，企业的
参考例句：
  • This is our corporate responsibility.这是我们共同的责任。
  • His corporate's life will be as short as a rabbit's tail.他的公司的寿命是兔子尾巴长不了。
2 previously bkzzzC     
adv.以前，先前（地）
参考例句：
  • The bicycle tyre blew out at a previously damaged point.自行车胎在以前损坏过的地方又爆开了。
  • Let me digress for a moment and explain what had happened previously.让我岔开一会儿，解释原先发生了什么。
3 wholesale Ig9wL     
n.批发；adv.以批发方式；vt.批发，成批出售
参考例句：
  • The retail dealer buys at wholesale and sells at retail.零售商批发购进货物，以零售价卖出。
  • Such shoes usually wholesale for much less.这种鞋批发出售通常要便宜得多。
4 indicator i8NxM     
n.指标；指示物，指示者；指示器
参考例句：
  • Gold prices are often seen as an indicator of inflation.黃金价格常常被看作是通货膨胀的指标。
  • His left-hand indicator is flashing.他左手边的转向灯正在闪亮。
5 curb LmRyy     
n.场外证券市场，场外交易；vt.制止，抑制
参考例句：
  • I could not curb my anger.我按捺不住我的愤怒。
  • You must curb your daughter when you are in church.你在教堂时必须管住你的女儿。
6 annually VzYzNO     
adv.一年一次，每年
参考例句：
  • Many migratory birds visit this lake annually.许多候鸟每年到这个湖上作短期逗留。
  • They celebrate their wedding anniversary annually.他们每年庆祝一番结婚纪念日。
7 livestock c0Wx1     
n.家畜，牲畜
参考例句：
  • Both men and livestock are flourishing.人畜两旺。
  • The heavy rains and flooding killed scores of livestock.暴雨和大水淹死了许多牲口。
8 ministry kD5x2     
n.(政府的)部；牧师
参考例句：
  • They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
  • We probed the Air Ministry statements.我们调查了空军部的记录。
9 stabilize PvuwZ     
vt.（使）稳定，使稳固，使稳定平衡；vi.稳定
参考例句：
  • They are eager to stabilize currencies.他们急于稳定货币。
  • His blood pressure tended to stabilize.他的血压趋向稳定。

©2005-2010英文阅读网