Swine fever sending pork prices higher - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Swine fever sending pork prices higher

Despite the measures, African Swine Fever continued to spread, eventually hitting China's major pig farming area in Sichuan provinceare forcing huge culls that could send pork prices to levels never seen before.

In France and Germany, pork prices have “risen by 30% since the start of 2018 due to China,” said Jean-Paul Simier, an agricultural market analyst at French bank Credit Agricole who authored the meat section of the latest Cyclope annual report. Chinese officials have said hundreds of thousands of pigs were culled in a bid to stop its spread, an effort that has also seen restrictions placed on moving pigs from affected areas.

It has continued to spread further, approaching the border with Laos in the south of the country and to the tropical island of Hainan, according to a map produced by the FAO. “China is the decisive market for pork, you need to understand that 700 million pigs live in China, compared to 20 million in France for example,” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

In china

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa to keep interest rates on hold on May 23 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa’s Reserve Bank will leave interest rates unchanged next week as it manages a tight balancing act between inflation threatening to quicken later this year and a weak growth outlook, a Reuters poll found on Friday.
Source: SABC News Online - 🏆 32. / 51 Read more »

Call for African Union reforms - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The African Diaspora Forum (ADF) wants the African Union reconfigured and more power given to its secretariat. The organisation made the call as Africa celebrates Africa Month, which marks the establishment of the Organisation of African Unity (OAU) on May 25, 1963.
Source: SABC News Online - 🏆 32. / 51 Read more »

Africa.com | News | Business | Lifestyle | Travel
Source: BDliveSA - 🏆 12. / 63 Read more »