The National Swine Raisers Association in Thailand is reporting on the cost of raising pigs, detailing the effects of import duty reductions on soybean meal, a crucial animal feed ingredient. For the third quarter of 2021, a 2% import duty reduction is expected to lower industry costs, benefiting stakeholders such as importers and farmers by reducing feed production costs. This reduction could result in a significant annual cost savings for the pig farming sector, though the exact figures are not provided in the article. The article also emphasizes the importance of market mechanisms in pricing agricultural products, including pork and eggs, and emphasizes the responsibility of the livestock sector to help consumers by absorbing costs during market fluctuations. It advocates for a market-driven approach to pricing, suggesting that such a policy would prevent concerns about high pork and egg prices.