A report by Rabobank says African Swine Fever is the single biggest challenge in the global pork market. Senior Analyst Chenjun Pan says that means opportunities for some and threats for others. She says Chinese pork supplies are believed to be okay in the first quarter, but imports are expected to increase after that.
Reports say China has ordered more than 950,000 pigs destroyed so far, causing some producers to rush pigs to market and dropping the wholesale price more than 15%.
Continue reading ASF fills Chinese markets with pork, but shortage coming at Brownfield Ag News.