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Cow-sized obese pigs in China fuel relentless slump in pork prices

‘Cow-sized’ obese pigs in China fuel relentless slump in pork prices We’re sorry, this service is currently unavailable. Please try again later. Dismiss By Bloomberg News Normal text size Advertisement Obese pigs in China are being blamed for worsening a sudden rout in the country’s pork prices. Farmers have been fattening hogs since late last year to almost double their normal weight roughly the size of a pygmy hippo or a female polar bear in the hope the animals will generate higher returns should prices rebound. Many farmers had fattened their pigs in anticipation of a recovery in pork prices.

Obese Pigs in China Are Fueling Relentless Pork Price S

Farmers have been fattening hogs since late last year to almost double their normal weight roughly the size of a pygmy hippo or a female polar bear in the hope the animals will generate higher returns should prices rebound. Cao Tao, a pig trader in the northwestern province of Shaanxi, said many of the swine he’s buying weigh more than 200 kilograms, compared with their usual size of around 125 kilograms. “Some farmers are holding onto their larger pigs on hopes of a price rebound,” he said. Instead, Chinese wholesale pork prices have plunged more than 40% since mid-January amid sluggish demand, increased imports and panic selling by farmers after fresh outbreaks of African swine fever. Muyuan Foods Co., the country’s biggest pig breeder, said this week it’s expecting a continued drop in domestic hog prices, with the slump not bottoming out until next year or even 2023.

Cow-sized obese pigs in China fuel relentless slump in pork prices

Cow-sized obese pigs in China fuel relentless slump in pork prices
brisbanetimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brisbanetimes.com.au Daily Mail and Mail on Sunday newspapers.

China Isn t Even Close to Swine Fever Cure as Virus Resurfaces

China Isn’t Even Close to Swine Fever Cure as Virus Resurfaces Bloomberg 25/02/2021 Bloomberg News © Bloomberg Sunlight illuminates pigs in an indoor pigsty on a livestock farm in Ohrenbach, Germany, on Monday, Jan. 20, 2020. Despite its relatively small size compared with producers like China or the U.S., Germany is a heavyweight in the global pork trade accounting for 15% of the world’s exports in 2017. (Bloomberg) China is still conducing clinical trials on a vaccine to combat African swine fever, with no timeline on when commercial production can begin, according to a top researcher. Scientists at the Harbin Veterinary Research Institute will collect more data from the trials for further review by authorities, Qiu Huaji, the head of swine infectious diseases at the center, told an online conference late Wednesday.

China Isn t Even Close to Swine Fever Cure as Virus Resurfaces

China Isn t Even Close to Swine Fever Cure as Virus Resurfaces
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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