Thailand Sets Pork Price Floor To Protect Farmers
Thailand's government is establishing a price floor for pork at farm gates to protect farmers from losses and ensure market stability across all farm sizes. The initiative also addresses feed ingredient pricing and ongoing foot-and-mouth di
On July 8, 2569, Deputy Minister of Agriculture and Cooperatives Chai Wachrayong revealed that discussions were held with key stakeholders including Sarawutti Nuengchamnong, Secretary to the Minister of Agriculture; veterinarian Somchuan Rattanmanglananth, Director-General of the Department of Livestock; the National Pig Breeders Association; the Thai Swine Farm Veterinary Control Association; and the animal medicine business association regarding solutions to Thailand's pork industry challenges.
Two main initiatives were discussed: First, establishing a fair livestock product price floor, following a proposal from Somsak Thepsutin, chairman of the ministerial policy committee, submitted on June 18, 2569. This aims to set a fair live-weight pork price at farm gates to ensure stability for all farm sizes and prevent losses for producers.
Second, establishing a fair pricing structure for animal feed raw materials, particularly animal corn and soybean meal, the main feed ingredients, to ensure equitable pricing without burdening the livestock sector.
The meeting also addressed foot-and-mouth disease (FMD) SAT 1 virus outbreak concerns, which spreads among cloven-hoofed animals such as cattle, buffalo, goats, sheep, and pigs through infected animal movement along Thailand's borders. Comprehensive prevention and control measures are being implemented, with the Department of Livestock enhancing surveillance, prevention, control, disease eradication efforts, and diagnostic preparedness to prevent domestic spread.
