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·         African Swine Fever in China causes pork price drop

The average wholesale price of pork in China in the last week of January was down 15.3% from the same period in 2018…

·         More piggies go to the market in China amid swine fever outbreak, leading to cheaper pork

… With so many pigs having either been destroyed or taken to market early to avoid being swept up in containment efforts, a shortage of the Chinese staple is expected in the second half of the year, experts say… 

 

 

African Swine Fever in China causes pork price drop

 

By Simon King, Pig World (UK)

February 7, 2019

 

The average wholesale price of pork in China in the last week of January was down 15.3% from the same period in 2018, according to the latest government figures, as efforts to contain an outbreak of African Swine Fever have impacted on the Chinese pork industry.

 

The South China Morning Post reported that to try to contain the disease, Beijing has ordered more than 950,000 pigs be destroyed.

 

Rabobank senior analyst Chenjun Pan said: “That is a relatively small amount of the total number of pigs. What has depressed prices, experts say, is that farmers rushed their herds to market early. That led to a glut on the market, despite the extra demand during the holiday season.

 

“Pork production expansion and replenishment are expected to markedly slow due to great concerns over biosecurity measures...

 

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http://www.pig-world.co.uk/news/african-swine-fever-in-china-has-lead-to-cheaper-pork-prices.html

 

 

More piggies go to the market in China amid swine fever outbreak, leading to cheaper pork

 

Chad Bray, South China Morning Post

via Yahoo! News - 6 February 2019

 

Efforts to contain an outbreak of African swine fever have rocked the Chinese pork industry, leading to an unexpected drop in prices during the Chinese New Year holiday season.

 

While pork lovers in the mainland may be celebrating lower prices during this week’s festivities, the party isn’t expected to last in the world’s largest pork-producing country.

 

With so many pigs having either been destroyed or taken to market early to avoid being swept up in containment efforts, a shortage of the Chinese staple is expected in the second half of the year, experts say.

 

As supplies drop off, imports of pork products can be expected to increase. The US, one of the world’s top pork exporters, could benefit, with or without a US-China trade agreement, as its farmers fill the drop in supply or simply get a boost through a rise in global prices.

 

The outbreak, first reported in early August, is severe, and could take years to get under control, experts say.

 

To try to contain the disease, Beijing has ordered more than 950,000 pigs be destroyed. That is a relatively small amount of the total number of pigs. What has depressed prices, experts say, is that farmers rushed their herds to market early. That led to a glut on the market, despite the extra demand during the holiday season.

 

The average wholesale price of pork in the last week of January was down 15.3 per cent from the same period in 2018, according to the latest government figures.

 

“[Pork] production expansion and replenishment are expected to markedly slow due to great concerns over biosecurity measures,” Rabobank senior analyst Chenjun Pan said. “While pork supply is believed to be sufficient in [the first quarter], the big supply issue will arise later in the year, with pork imports expected to increase substantially due to local supply shortages.”

 

In a research report, Pan said that pork production in China could drop by as much as 20 per cent in 2019. Meanwhile, the sow herd has declined by about 15 per cent across the country, she said. About 30 per cent of medium-sized farms in the north and northeast have liquidated sows due to financial stress as prices have dropped, she estimated.

 

African swine fever, which initially was documented in Kenya in 1921, has spread in recent years from Eastern Europe to Russia, and now, to China. Animals infected with the virus often exhibit a high fever, loss of appetite and a reddening of the skin, particularly around the ears and snout.

 

The disease also can live in cured meats for more than four months and in frozen meat for years, allowing its spread to other parts of the globe, according to the Centre for Food Security & Public Health at Iowa State University.

 

“It’s not going to disappear overnight,” said Juan Lubroth, chief veterinary officer with the Food and Agriculture Organisation (FAO) of the United Nations...

 

more

https://sg.news.yahoo.com/efforts-contain-outbreak-swine-fever-020356295.html