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CHINA OFFICIAL SAYS 80% OF HOG PRODUCERS WON'T RESTOCK THEIR HERDS
Apr. 26, 2019
BrownfieldAgNews reports:
China's Agriculture Ministry says more than 80% of hog farms in China have decided not to replenish herds lost to African Swine Fever, leaving a gap in production.
Reports say China's hog production has dropped 21% since the first ASF outbreak. The decline will lead to lower demand for soybean and feed products but will increase demand for pork products since pork accounts for more than 60% of the country's meat consumption.
ASF has now spread to all provinces of China. Rabobank estimates the disease has affected 150 to 200 million pigs in China alone.
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