Thursday, April 11, 2019

"China's 2019 pork production to fall 30 pct - Rabobank analyst"

From Reuters:
China’s 2019 pork output will fall by 30 percent compared with the prior year after an epidemic of incurable African swine fever spread throughout the world’s largest hog herd, a Rabobank analyst said.

Production is seen at around 38 million tonnes versus 54 million tonnes last year, Justin Sherrard, global strategist for animal protein at Rabobank, told Reuters, citing the company’s latest forecast.
China, which produces about half of the world’s pork, has reported about 120 outbreaks of the disease since August last year but many in the industry say it is much worse than reported.
The disease kills almost all pigs infected though it is not harmful to people. There is no vaccine or cure.

China’s agriculture ministry said last month that the national pig herd in February had fallen 16.6 percent year-on-year, and sow stocks were down more than 19 percent...MUCH MORE
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