In this file:

 

·         Pork imports via Tianjin customs post strong increase

·         China must get pork supply back on track for Lunar New Year, Vice-Premier Hu Chunhua says

·         US pork industry sees $25 billion China market without tariffs 

 

 

Pork imports via Tianjin customs post strong increase

 

Source: Xinhua(China)|Editor: yan

2019-12-01

 

TIANJIN, Dec. 1 (Xinhua) -- Pork imports via the northern China port city of Tianjin have increased sharply this year, driven by the supply-demand gap in China's domestic market.

 

Over 396,000 tonnes of pork imports were made via Tianjin in the first 10 months, up 34.6 percent year on year, according to the city's customs.

 

Among the imports, 82.6 percent were imported from the European Union, Canada and Brazil.

 

The imports from the United States began to catch up in October, when it increased 2.4 times year on year...

 

more

http://www.xinhuanet.com/english/2019-12/01/c_138597904.htm

 

 

China must get pork supply back on track for Lunar New Year, Vice-Premier Hu Chunhua says

 

·         Country must ensure a stable supply in key periods of early 2020, including Spring Festival in January and National People’s Congress in March, official says

·         Millions of pigs have died or been culled due to the African swine fever outbreak, sending pork prices soaring

 

Reuters

via South China Morning Post (China) - 1 Dec, 2019

 

China must resolutely work to achieve the target of recovering pig production numbers and stabilise pork supply for the upcoming holidays, Vice-Premier Hu Chunhua said on Saturday.

 

The country must ensure a stable supply of the meat in key periods of early 2020, including the Lunar New Year holiday in January and during the annual National People’s Congress in March, Xinhua quoted him as saying at a meeting on animal husbandry.

 

Millions of pigs have died or been culled due to the African swine fever outbreak in China and other Asian countries. The disease has slashed China’s pig herd by as much as half since August 2018, US agribusiness firm Archer Daniels Midland said in a recent report.

 

The ravaging of pig herds in the world’s top pork market helped to drive China’s consumer price index up 3.8 per cent year on year in October, its fastest rise in nearly eight years.

 

Pork prices in October more than doubled from a year earlier, according to China’s statistics bureau, accounting for more than 60 per cent of the increase in consumer inflation.

 

China’s imports of pork in the month also doubled from a year earlier...

 

more

https://www.scmp.com/news/china/politics/article/3040099/china-must-get-pork-supply-back-track-lunar-new-year-vice

 

 

US pork industry sees $25 billion China market without tariffs

 

Mike Dorning, Bloomberg

via MSN - Nov 26, 2019

 

U.S. pork producers see a potential $24.5 billion market in China within 10 years if the Trump administration can gain unrestricted trade access after the Asian country’s hog herd has been devastated by disease.

 

The National Pork Producers Council released the forecast on Tuesday as they pressed the Trump administration to emphasize access for pork products in ongoing talks with Beijing for a partial trade agreement.

 

The spread of African swine fever has ravaged China’s hog herd and by September had driven up the price of pork more than 69% from a year earlier. The meat is a staple in the Chinese diet. While American exports have climbed amid the Chinese protein gap, meat suppliers in Brazil have seen even stronger demand.

 

“The U.S. pork industry is missing out on an unprecedented sales opportunity in China when it most needs an affordable, safe and reliable supply of its favored protein,” David Herring, president of the producer association and a hog farmer from Lillington, North Carolina, said in a statement.

 

Dermot Hayes, an Iowa State University economics professor who performed the analysis, said the projection was based on a “best-case scenario” in which China drops all tariffs and barriers to pork imports, including speeding up customs processing to allow for imports of chilled pork.

 

The Asian country had a 12% duty on frozen pork before the trade war and has now added a 60% punitive tariff. Currently, China’s customs processing is restricting imports of non-frozen U.S. pork, Hayes said.

 

Hayes said the analysis assumes that Chinese consumption of pork would rebound to its level prior to the swine fever epidemic. He concluded that the nation’s domestic industry wouldn’t return to prior production levels if tariffs are dropped now on U.S. pork since the American product is significantly less expensive than the cost to produce in China.

 

Hayes projected that without tariffs, China would import 35% of its pork -- a level similar to Mexico and Australia...

 

more

https://www.msn.com/en-us/money/markets/us-pork-industry-sees-dollar25-billion-china-market-without-tariffs/ar-BBXli1h?