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Home arrow News & Interviews arrow News April 2008 arrow China to Boost Egg Production as Prices Rise
China to Boost Egg Production as Prices Rise PDF Print E-mail

By Wayven Pienaar, on Saturday, 19 April 2008

Published in : The News, News April 2008


The rising cost of food in China, which planners believe could cause unrest, has spurred the government to take steps to increase egg production.


Those steps include agricultural subsidies, compensation to farmers whose flocks are culled in the fight against bird flu and according to reports it would also help restore farms in the south where 67million poultry were killed in the severe winter storms and encourage large-scale farming.

Towering consumer inflation, mainly motivated by a growth in food prices, has shot egg prices up by 16 percent in the first quarter this year and chicken prices are 17 percent higher than in the same period last year.

The government is promoting egg and poultry breeding, especially by industrial farms, but this could further increase China's demand for grains, but high grain prices may make feed more expensive for farmers.


Last update : Saturday, 19 April 2008

   
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Keywords : Egg, Food, Shortage, Agriculture, Subsidies, Inflation


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