USDA GAIN Reports from October 27, 2022
China: Swine and Pork Market Interventions Ineffective at Managing Rising Prices Since September 8, 2022, the People’s Republic of China (PRC) National Development Reform Commission (NDRC) has auctioned 127,100 metric tons (MT) of frozen pork reserves as an attempt to curb rising prices. However, despite numerous auctions and other PRC market guidance, domestic prices continue [...]