Update the situation of # Pork price in Thailand with government solutions
Even though the new year has only been a few days but many Thai people have to face a new problem which is the rising of the cost of living, especially the cost of food at many shops gradually increasing prices continuously. The reason for this price increase is due to the cost of raw materials, especially the price of pork. The Bangkok Business News Agency has released a report from the Department of Internal Trade that pork prices in December 2021 were at 175 baht per kilogram, but the average market price was as high as 200 baht. Of course, the owners of pig farms, middlemen, pork shops, restaurants, and the public are all affected accordingly. So how will the government solve the problem? WiSE & OK has updated the information in this article!
The reason why pork is more expensive is mainly from higher production costs especially the cost of raising pigs. Whether it is the cost of taking care of the pig’s, food cost including the cost to prevent swine flu. The higher production costs made the pig farm owners raise fewer pigs so the amount of pork is also lesser. Therefore, it is necessary to raise the price in order not to lose profit. In addition, in the past, Thailand has relaxed the measures against COVID which allowed people to sit and eat in restaurants and open the country to accept foreign tourists. As a result, restaurants, hotels all need pork as a raw material. When the demand for pigs increases but there is not enough pork to provide it makes the price go up. Moreover, as the result of the swine flu make there are only 550,000 pigs left from 1 million. So vendors have to adjust their prices accordingly, while those who are consumers have to pay more for food or if paying the same price might receive a lesser amount.
Prime Minister Prayut has ordered the Ministry of Commerce and the Ministry of Agriculture and Cooperatives to fix the problem of expensive pork. And also to find the source of the problem to reduce the impact on consumers and all parties involved. He also ordered the promotion of access to both interest-free and low-interest funding sources. To motivate pig farmers to come back into the system as soon as possible. In addition, Mr. Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce also discussed with the Department of Livestock Development and ordered a temporary ban on exports of live pigs for three months from January 6, 2022, to April 5, 2022, to increase the number of pigs in the country. As for other measures that the government is coming to urgently fix #expensive pork, such as refraining from collecting fees or taxes on animal feed imported from abroad.
It can be said that the problem of #pork price may be the first test in 2022 that the Thai government must urgently fix the problem before the people suffer more and to prevent the price of other products from gradually rising. Therefore, if all parties cooperate with each other and effectively implement the measures set by the state pork prices will soon return to normal. After this, Thai people must continue to update the news to see how the government will solve this problem and will it meet the conclusion!
Thankyou information from
VoiceTV https://www.facebook.com/VoiceOnlineTH/photos/a.131804224847/10162507018189848/
Bangkok Biznews https://www.bangkokbiznews.com/business/980823
The Matter https://thematter.co/brief/164193/164193
