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According to the monitoring of 500 county markets and collection points across the country, in the third week of April (collection date was April 17), the prices of live pig products, eggs, commercial chicks, beef cattle, live sheep, fresh milk, corn, and soybean meal rose month-on-month, while the prices of chicken, mutton, and feed products remained the same month-on-month. Prices of live pig products. The national average price of piglets was 39.20 yuan/kg, up 0.6% from the previous week and up 5.5% year-on-year. The price of piglets rose in 19 provinces including Zhejiang, Hainan, Ningxia, Jilin, and Xinjiang, while the price of piglets fell in 8 provinces including Guangxi, Shanghai, Guizhou, Qinghai, and Anhui, and the price in Tianjin and Jiangxi remained the same. The price in Central China was higher, at 41.75 yuan/kg; the price in Southwest China was lower, at 37.55 yuan/kg. The national average price of live pigs was 15.22 yuan/kg, up 0.7% from the previous week and ...

[Reporter Woo-Jeong Lee, Korea Agricultural and Fishery Newspaper] Pyeongchang-gun will be the first local government in Gangwon-do to provide 400 million won in the Agricultural and Livestock Product Price Stabilization Fund to livestock farmers who are suffering from double hardship due to the decline in Korean beef prices and the rise in feed costs. This subsidy was decided on by the Pyeongchang-gun Agricultural and Livestock Product Price Stabilization Fund Management Review Committee on February 14, and will be paid to a total of 116 farms after reviewing eligibility upon receiving applications from livestock farmers. The target farms are farms that have been in Pyeongchang-gun for more than a year and are shipping Korean beef and beef cattle. The support will be provided up to 30 heads and 5 million won per farm. The county announced the difference support plan in November last year.

Beef exports continue to decline alarmingly. In March, the drop reached 40% compared to the same month last year, compared to a 30% drop in the January-February period. In March, 50,000 tons of bone-in beef were shipped, compared to 84,000 tons in the same month in 2024. The drop was primarily due to Argentina's exchange rate situation. The value of the dollar is not keeping pace with domestic cost inflation and the economy in general, and therefore, the pesos received by exporting companies—after settling the foreign currency with the Central Bank—are less than they should be, do not compensate for costs, and this complicates business results. This trend could change slightly in the coming months due to the measures taken by the national government to end the restrictions, but especially if the increased global demand for beef, especially from China, consolidates, reflecting improved prices. The floating dollar between bands has not significantly improved exporters' exchange ...