Government seeks to drive up pork prices

Pork prices have fallen to their lowest level in five years, and the central government has stepped in to help.

Pork producers have said that the market price is so low that they cannot make a profit.

The government said it is taking action to raise the prices. The  Ministerio de Agricultura y Ganadería and the Servicio Nacional de Salud Animal have prevailed on the meat industry to buy 3,000 more pig carcasses mainly from small and medium producers, the government said Monday.

In addition, the government has prevailed on the firm  SIGMA Alimentos to purchase this week 600 carcasses to be processed by a major butchering company.

Another business also has agreed to buy 600 carcasses a week, which officials said would have an upward impact on price.

The Ministerio de Agricultura y Ganadería and the Ministerio de Economía, Industria y Comercio also said that the members of the chamber of sausage makers plan to increase their purchases by 10 percent.

The agricultural ministry and the Servicio Nacional de Salud Animal have acted in the past to affect local markets and dabble in command economics.  An agency of the agricultural ministry blocked the importation of avocados to benefit local producers.

The additional meat purchases will result in more pork in the marketplace, so it remains to be seen if the additional purchases from producers result in higher retail prices.

This entry was posted in Costa Rica News. Bookmark the permalink.