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China’s No 2 pork producer eyes expansion amid deadly outbreak of African swine fever

China’s second-largest pork producer says it will increase production this year despite a serious outbreak of swine fever, betting on reduced supply and surging prices to boost profits.A total of 112 cases have been reported in 28 of China’s 34 provinces since August, resulting in the cull of over 950,000 pigs. The virus has also been detected in Mongolia and Vietnam, according to the Food and Agriculture Organisation (FAO) of the United Nations.The disease is fatal to hogs but does not affect… Source link

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Pork producer WH Group calls for end of trade war, as 2018 profit drops 4 per cent

China’s WH Group, the world’s largest pork producer, called for an end to the US-China trade war on Friday, citing higher tariffs on US exports to China as one factor weighing negatively on its underlying business.The outbreak of the African swine fever and rising meat production in the US were also negative headwinds, the company said.Net profit for 2018 fell 4 per cent to US$1.05 billion, WH Group said in filing on Friday.Revenue was up 1 per cent to US$22.61 billion, slightly beating… Source link

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Vietnam 

Pork sales up at supermarkets as people seek out safe meat – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — Pork sales at supermarkets and food stores have increased sharply as more and more customers are opting to buy the meat with clear origins due to the outbreak of African swine fever. According to retailers, the spread of information about the disease has customers worried since pork is a staple food. Thanh Lan of District 1, who was buying pork at Co.opmart Cống Quỳnh, said for the past month she has only bought the meat at the supermarket. She was relieved…

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Vietnam 

HCM City sets up pork trading floor – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The HCM City Department of Industry and Trade and UK Ministry of Business, Energy and Industrial Strategy on March 7 signed a memorandum of understanding on creating a pork trading floor. – Photo congthuong.vn Viet Nam News HCM CITY – The HCM City Department of Industry and Trade and the UK’s Ministry for Business, Energy and Industrial Strategy on Thursday signed a memorandum of understanding on launching a pork trading floor. The UK department will provide support in technologies and market research, and the creation of regulations on…

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Vietnam 

HCM City to ensure pork supply – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY  —  HCM City authorities have developed plans to ensure pork supply for city residents after swine fever was detected in pigs in the northern city of Hải Phòng in late February. Huỳnh Phương Trang, deputy director of the HCM City Department of Trade and Industry, said the department was working with major pork suppliers in the city to ensure supply of clean pork to city residents in case swine fever affects the southern region. Pork sales at Vissan shops have slightly increased,…

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Efforts to contain outbreak of swine fever in China rock pork industry, depressing prices

Efforts to contain an outbreak of African swine fever have rocked the Chinese pork industry, leading to an unexpected drop in prices during the Chinese New Year holiday season. While pork lovers in the mainland may be celebrating lower prices during this week’s festivities, the party isn’t expected to last in the world’s largest pork-producing country. With so many pigs having either been destroyed or taken to market early to avoid being swept up in containment efforts, a shortage of the Chinese staple is expected in the second half of…

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Vietnam 

GreedFeed aims for safe pork – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Representatives of the Ministry of Agriculture and Rural Development’s Department of Animal Health, Bình Thuận Province and GreenFeed sign a co-operation agreement to build a safe pork production chain in HCM City on Saturday. — Photo greedfeed.com.vn Viet Nam News HCM CITY — The GreenFeed Việt Nam Corporation will help the southern province of Bình Thuận build a chain of safe pork production facilities from now until 2022. Under the co-operation agreement signed by representatives of the Ministry of Agriculture and Rural Development’s Department of Animal Health, Bình…

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Vietnam 

No pork shortage for Lunar New Year – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

There will be enough pork to meet demand for the Lunar New Year holiday. — VNA/VNS Photo Viet Nam News HÀ NỘI — There will be no shortage of pork in the months approaching the Tết (Lunar New Year) holiday despite an increase in demand, Nguyễn Xuân Dương, acting Director of the Animal Husbandry Department under the Ministry of Agriculture and Rural Development said. Dương said that the market demand for pork regularly increased by 25 per cent ahead of the Tết holiday. If there were no sudden…

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Singapore 

AVA recalls frozen raw pork from the Netherlands after Salmonella outbreak, Singapore, Food News

SINGAPORE – Batches of imported Dutch frozen raw pork are being recalled here after warnings of a Salmonella outbreak. The Agri-Food and Veterinary Authority (AVA) said on Friday (Dec 14) that the foodborne outbreak of Salmonella Goldcoast is suspected to be linked to the consumption of pork products from a single slaughterhouse in the Netherlands. The move comes after an alert was issued by the European Commission’s rapid alert system for food and feed. AVA confirmed that there are imports of the implicated products here, and added that it is…

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Vietnam 

Pork prices expected to rise further – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The price of pork in Việt Nam is set to keep rising over the next few months due to African swine fever devastating pig populations. The Import-Export Department under the Ministry of Industry and Trade said last month, the price of live pigs hit VNĐ45,000-51,000 per kilo in the north, VNĐ45,000-52,000 per kilo in the central region and VNĐ52,000-54,000 per kilo in the south. The price of pork in October doubled against its price during the same period last year, reaching…

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