In this file:
· China coronavirus putting more pressure on pork supplies, prices
· US: No Export Changes Due to China Trade Deal in Supply and Demand Report
China coronavirus putting more pressure on pork supplies, prices
via The Straits Times (Singapore) - Feb 9, 2020
BEIJING/SHANGHAI (REUTERS) - China's coronavirus outbreak has delayed the launch of new pig breeding facilities and put even more pressure on pork supplies and prices, an official with the agriculture ministry told a briefing on Sunday (Feb 9).
Mr Kong Liang, deputy director at the Animal Husbandry and Veterinary Bureau of the Ministry of Agriculture and Rural Affairs, said the coronavirus outbreak has disrupted the delivery of vital feed and veterinary medicine supplies, and also delayed the return of agricultural workers to farms.
To contain the spread of the virus, China has imposed halts on the movement of people and goods from Wuhan, the epicentre of the outbreak and the capital of Hubei province, which is also under a lockdown, as well as other regions with cases of the disease.
"Looking at it from a market perspective, due to the regional blockades, pork supplies in some places are tight, and prices have risen by a certain extent," Mr Kong told reporters.
China's pork supplies were reduced by as much as 21.3 per cent in 2019 as a result of an African swine fever outbreak that forced authorities to slaughter as many as 390,000 pigs, Mr Kong said...
No Export Changes Due to China Trade Deal in Supply and Demand Report
via Andy Eubank/Hoosier Ag Today - Feb 11, 2020
USDA unveiled the February supply and demand estimates Tuesday afternoon, and some were left wondering why big changes in crop export forecasts weren’t made. The U.S. and China trade deal, which is signed and in effect, was expected to make a difference in those export forecasts, but there weren’t a lot of changes, according to USDA’s chief economist Rob Johansson. He says there were a number of reasons there weren’t big changes.
“Increase in exports to China often times will come from decrease in exports to another part of the globe.”
The USDA report only shows net exports, not sales to any one country...