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Baby Bonus For Pigs

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Published: August 15, 2011

China will give pig farmers 100 yuan ($15.50) for every sow they breed to increase pork supply and cool inflation that is at a three-year high, the state council said. The government also plans to invest 2.5 billion yuan in pig farms and increase subsidies for veterinarians who fight epidemics. Pork, a staple food in China, has been a key driver of consumer inflation in recent months due to rising corn prices and a supply shortage after an epidemic hit pig farms last year. – Reuters

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