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China's Pork Imports Set to Plunge 50% as Local Prices Tumble bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.
Bloomberg | Feb 23, 2021 By Bloomberg News China’s farm ministry is touting a complete recovery in pig numbers from the ravages of African swine fever by the middle of the year. Fresh outbreaks of the virus and other lethal pig diseases could pose risks to that outlook. A resurgence of swine fever cases in colder northern provinces prompted farmers to slaughter more of their breeding sows before the Lunar New Year, said Lin Guofa, a senior analyst at consultancy Bric Agriculture Group. Pork is China’s favorite meat and consumption typically booms over the holiday period. Other viruses, such as foot-and-mouth disease and porcine epidemic diarrhea, have also taken their toll in outbreaks exacerbated by a harsher-than-usual winter, said Lin. “The recovery of hog herds in some regions could be delayed, particularly in Shandong and parts of Henan and Hebei,” he said. ....