China's pig disease outbreak pushes up global pork prices

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Prices are up, yet profits are down, as farmers across China struggle to make ends meet as a deadly, unstoppable virus continues to ravage swine herds from Beijing to Hong Kong. africanswinefever

May 20, 2019

“I’m a fresh-pork lover, but it’s too expensive,” Lee, 87, said as she shopped at a Hong Kong market. Grocery shoppers in Germany, Japan and other high-income markets grumble at paying more for kielbasa or tonkatsu, but short supplies are a serious concern in places such as Cambodia where pork is the only meat many families can afford.

The jolt to the global meat industry highlights China’s voracious demand for food for its 1.4 billion people, the potential for wider disruptions if its own production falters and its growing ability to outbid other customers for supplies. Yang dosed his animals with government-subsidized medications but they kept getting sick. The government hauls away dead animals and pays compensation of 1,000 yuan for a sow and 20 yuan for a piglet.

In Hong Kong, authorities destroyed 6,000 pigs at one slaughterhouse after an animal imported from the mainland was found to be infected. A half-hour drive from Yang’s farm, Wang Lijun breeds his own piglets to avoid buying infected animals. His herd shrank from 160 to 170 animals to about 20 to 30 but none died this year.The number of sows needed for breeding had fallen 19% from a year ago by the end of February, which suggests supply will plunge through next year, the USDA forecasts.In Vietnam, the government said in mid-May that 1.2 million pigs, or about 5% of its total herds, had died or been destroyed.

 

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China just bad news for the world.

习主席没得病就好

I can imagine the Chinese government is lending pig farmers lots of money to buy lots of swine.

'Oh well', that's China's Problem. We are only concerned about the United States. We support our President, President Donald Trump in his negotiations with China on the Unfair Trade Policies. Joe O'Biden has 'No Problem' with China but with the O'Biden' s its all about $$$$$$$$$$

So why was the disease named African swine fever Is it to associate Africa with everything bad or what?

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