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Major food group denies hoarding pork, as officials check storage facilities nationwide
16 Sept 11:53 Key points summarised by AI
- Betagro, a major Thai food business, denied allegations of pork hoarding after officials discovered over 200,000 kg of frozen pork at a rented facility amidst record-high prices.
- The company clarified the impounded pork belonged to a subsidiary, was part of standard stock management for southern provinces, and had been reported to the Commerce Ministry before the raid.
- Betagro pledged full cooperation with authorities and committed to participating in a government initiative to sell pork at a reduced price of 150 baht/kg to ease consumer financial burdens.
- Thai officials are conducting nationwide checks on cold storage facilities, enforcing strict reporting requirements for large pork and live pig stocks, with severe penalties for hoarding.
