As pig imports grow, price of pork drops

A rise in pig imports from Thailand and Vietnam has driven down pork prices by as much as 33 percent in the past month, leaving farmers here worried that an oversupply in the market will cut into profits. Prathna Preap, a swine market expert at USAID, said the average price of live pigs was currently trading at 10,000 to 11,000 riel ($2.46 to $2.70) a kilo, down from 15,000 riel ($3.69) a month ago… The recent lifting in Thailand of a ban on pig imports to Cambodia is also leading to oversupply issues, said Srun Pov, deputy president of the Cambodian Pig Raisers’ Association…