The Council of Agriculture is proposing increasing pork imports by 3,000 tonnes a month by halving the import tariff in a bid to curb rising pork prices.
The council would negotiate with the Ministry of Finance to lower the tariff to 6.25 percent from 12.5 percent, Council of Agriculture Deputy Minister Chen Wen-te (陳文德) yesterday said during a question-and-answer session at a meeting of the legislature’s Economics Committee.
The council has commissioned the National Animal Industry Foundation (NAIF) to conduct the imports, with the non-governmental organization planning to store some of the pork to minimize the impact on the local pork market, Chen said.
Photo: Chu Pei-hsiung, Taipei Times
Chen said the council would also conduct a nationwide census of hog farms next month and fine-tune the policy based on the results.
However, the council would not ease its standard for zero tolerance of ractopamine residues in imported pork, he said.
The council’s statistics show that the pork price soared to NT$83.6 per kilogram on March 4, while the average price this month was NT$75 per kilogram. The price dropped slightly to NT$81.47 yesterday, Chen said.
“The price increase has been caused because pork suppliers are expecting prices to increase as the result of an outbreak of porcine epidemic diarrhea [PED] from October last year to the beginning of this month, which killed 220,000 piglets,” he said.
Chen said the average weight of pigs sold in the first 10 days of this month was 122.9kg, higher than 121.6kg a year ago, as hog farmers had delayed selling their pigs on the market.
The council would also coordinate with state-run Taiwan Sugar Corp (Taisugar, 台糖) to increase pork supply by 3,000 pigs this month, Chen said, adding that until yesterday Taisugar had sold 1,350 more pigs this month.
The council would also negotiate with local frozen meat companies to sell more pork and less processed meat to the market, increasing pork supply by 400 to 600 pigs per day, Chen said.
Meanwhile, the council is also collaborating with the Fair Trade Commission to investigate whether pork suppliers at 22 meat markets and 29 frozen meat companies had colluded with each other to hoard pork and drive up prices.
Fair Trade Commission Chairman Wu Shiow-ming (吳秀明) said the commission would complete the investigation of local frozen meat companies by the end of next month, before the Dragon Boat Festival, when pork consumption increases as people make zongzi (glutinous rice dumplings) for the festival.
After the commission completes all its investigations, the council would also investigate whether pork suppliers have infringed the Agricultural Products Market Transaction Act (農產品市場交易法), which requires pork suppliers not to store excessive amounts of pork and drive up prices, Chen said, adding that pork suppliers violating the law are likely to be subject to a maximum fine of NT$300,000, or the amount the supplier gained from the illegal action.
The Directorate-General of Budget, Accounting and Statistics says the consumer price index has risen 5.53 percent in the past five years, with food prices soaring by 9.35 percent.
Prices of aquatic products increased 28.55 percent in the past five years, followed by fruit products, which surged 22.78 percent, its said, adding that the price of meat increased 15.46 percent.
Republic of China Swine Association president Yang Kuan-chang (楊冠章) said he was disappointed with the Council of Agriculture’s policy.
“We have voiced our concerns and opposition to the government’s plan, but we can now only accept the government’s decision. It’s always been this way and we couldn’t do anything about it,” Yang said. “At the end of the day, local pig farmers need support from Taiwanese consumers. We call for everyone to consume domestic pork.”
Yang was among dozens of representatives of the pig farming industry who protested against the council’s plan yesterday morning.
Democratic Progressive Party Legislator Pan Men-an (潘孟安) said that the council’s measures would further jeopardize the pig-farming industry, as local farmers face the “triple threats” of the epidemic, the increasing cost of feed and imported pork.
Additional reporting by Chris Wang
The CIA has a message for Chinese government officials worried about their place in Chinese President Xi Jinping’s (習近平) government: Come work with us. The agency released two Mandarin-language videos on social media on Thursday inviting disgruntled officials to contact the CIA. The recruitment videos posted on YouTube and X racked up more than 5 million views combined in their first day. The outreach comes as CIA Director John Ratcliffe has vowed to boost the agency’s use of intelligence from human sources and its focus on China, which has recently targeted US officials with its own espionage operations. The videos are “aimed at
STEADFAST FRIEND: The bills encourage increased Taiwan-US engagement and address China’s distortion of UN Resolution 2758 to isolate Taiwan internationally The Presidential Office yesterday thanked the US House of Representatives for unanimously passing two Taiwan-related bills highlighting its solid support for Taiwan’s democracy and global participation, and for deepening bilateral relations. One of the bills, the Taiwan Assurance Implementation Act, requires the US Department of State to periodically review its guidelines for engagement with Taiwan, and report to the US Congress on the guidelines and plans to lift self-imposed limitations on US-Taiwan engagement. The other bill is the Taiwan International Solidarity Act, which clarifies that UN Resolution 2758 does not address the issue of the representation of Taiwan or its people in
SHIFT: Taiwan’s better-than-expected first-quarter GDP and signs of weakness in the US have driven global capital back to emerging markets, the central bank head said The central bank yesterday blamed market speculation for the steep rise in the local currency, and urged exporters and financial institutions to stay calm and stop panic sell-offs to avoid hurting their own profitability. The nation’s top monetary policymaker said that it would step in, if necessary, to maintain order and stability in the foreign exchange market. The remarks came as the NT dollar yesterday closed up NT$0.919 to NT$30.145 against the US dollar in Taipei trading, after rising as high as NT$29.59 in intraday trading. The local currency has surged 5.85 percent against the greenback over the past two sessions, central
US Indo-Pacific Commander Admiral Samuel Paparo on Friday expressed concern over the rate at which China is diversifying its military exercises, the Financial Times (FT) reported on Saturday. “The rates of change on the depth and breadth of their exercises is the one non-linear effect that I’ve seen in the last year that wakes me up at night or keeps me up at night,” Paparo was quoted by FT as saying while attending the annual Sedona Forum at the McCain Institute in Arizona. Paparo also expressed concern over the speed with which China was expanding its military. While the US