Press Releases
Estimated live pig supply
The number of live pigs arriving at slaughter houses today (January 31) is 4540,
with 4049 imported from the Mainland and 491 from local farms. The wholesale
price for live pigs ranges from $1,240 to $1,970 per 100 catties, with an
average price at $1,528, a spokesman for the Food and Health Bureau said.
According to the information provided by the Special Commissioner's Office in
Guangzhou, Ministry of Commerce, as affected by the bad weather, the estimated
number of live pigs to be imported from the Mainland for tomorrow (February 1)
will be 4600. Together with about 300 live pigs from local farms, the total
number of live pigs to be transported to slaughter houses tomorrow is about
4900.
The spokesman added that announcing the estimated live pig supply for the
following day could enhance information flow and transparency of the market.
Members of the public and traders could better understand the overall supply of
live pigs.
Noting that the estimated figures only served as an indicator, the spokesman
said the actual supply should be adjusted in accordance with market demand.
In addition, the transportation of live cattle is also affected by the heavy
snowfall on the Mainland. As explained by the agent, some cattle transportation
trucks are held up on highways in Hunan and Shaoguan and the date of arrival to
Hong Kong is difficult to predict. Some live cattle even died while stranding on
trucks. Therefore, there is no live cattle arrived in Hong Kong today.
The agent estimated that there would be 40 live cattle imported into Hong Kong.
However, the actual figures hinge on the weather and traffic conditions on the
Mainland.
Ends/Thursday, January 31, 2008
Issued at HKT 19:59
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