In this file:
· ASF: China likely to require more pig and meat imports
· LIVESTOCK-Hog, cattle futures rise as export hopes remain
ASF: China likely to require more pig and meat imports
By Jane Byrne, Feed Navigator
It seems likely that China will be unable to contain the spread of African Swine Fever (ASF) in the coming year, meaning further pig culling can be expected, according to an outlook from the UK’s Agriculture and Horticulture Development Board (AHDB).
Biosecurity remains a challenge for much of the Chinese industry. In light of this, expectations are that production will fall somewhat, boosting import demand for pig, as well as other meat, products, concluded the AHDB analysts.
“African Swine Fever is set to be an important topic in the global pork market this year, with the level of spread determining global trade flows and import demand,” they added.
Since the first report in August, African Swine Fever (ASF) has continued to spread in China, with now over 100 cases recorded from 23 provinces.
The majority of ASF cases have hit small producers with poorer biosecurity, although recently a herd of 74,000 head was also affected, noted the analysts.
“Several hundred thousand pigs have died of the disease or been culled, though with a pig population of over 400 million head, this is yet to make any material dent in swine stocks.
“Despite this, the Chinese pig industry has still been significantly disrupted. Provinces where there are active outbreaks, and those surrounding, are subject to restrictions on live transport.
“This is particularly problematic as during the industry’s recent modernization program, many pig farms were relocated to remote Northern areas. However, most abattoirs are situated in the south near more populous areas, necessitating long-distance transport to slaughter.
“The transport restrictions have split the market in two, with areas of surplus in the North while key demand areas in the South suffer supply shortages.”
Reports indicate pork prices have become similarly polarized, said the market specialists.
Easing of some transport bans ...
“The impact of these changes remains to be seen.”
Consolidation trend ...
Contaminated feed report ...
LIVESTOCK-Hog, cattle futures rise as export hopes remain
By Mark Weinraub / Reuters
January 10, 2019 / 2:47 PM
CHICAGO, Jan 10 (Reuters) - Chicago Mercantile Exchange
(CME) hog and cattle futures closed mostly higher, supported by
hopes for improved exports in the coming weeks, traders said.
Technical buying also helped cattle futures,, which were
still trading close to contract highs hit earlier in the week.
Traders also noted strength in the cash markets as factor
for gains in cattle futures.
CME February hog futures settled up 0.300 cent at
64.075 cents per pound. Prices peaked at 64.225 cents, their
highest since Dec. 17.
"There is still optimism that we could see some meat buying
by China," said Don Roose, president of U.S. Commodities in West
Des Moines, Iowa. "That's still underneath the market."
U.S. President Donald Trump said on Thursday the United
States was having "tremendous success" in its trade negotiations
with China, a day after U.S. and Chinese officials concluded
three days of talks in Beijing...