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Is the world’s biggest pork consumer ready for substitutes, as African swine fever burns a path through China’s hog herds?

Chicago-based Sustainable Bioproducts could provide a substitute protein to help China cope with pork shortages as a virus threatens to halve the nation’s hog industry this year, according to two board members at the start-up.Tony Vernon, former chief executive of Kraft Foods who joined the company’s board this week, said the recent African swine fever epidemic has highlighted the role that alternative protein technology could play in resolving the unfolding food crisis.“While the need for… Source link

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Vietnam 

Pork prices continue to rise on African swine fever, increasing demand – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Việt Nam could have a shortfall of 500,000 tonnes of pork, or nearly 20 per cent of demand, from now until the Lunar New Year in early 2020 due to the effect of African swine fever. VNS Photo Văn Châu HCM CITY – The price of pork with clear origins has increased sharply all over the country because of the impact of African swine fever (ASF). At farms in the north and the south, prices have increased by VNĐ5,000 – VNĐ10,000 per kilogramme in the last several days. In the northern…

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China 

China’s pork prices to hit record level in 2019 due to African swine fever, even as imports surge, report says

China’s pork prices will reach a record level by the fourth quarter of 2019 due to the impact of African swine fever on domestic production, even as imports continue to surge, according to a Rabobank report.Pork prices rose by nearly 30 per cent in June compared with a year earlier, according to the Ministry of Agriculture and Rural Affairs, with the spread of African swine fever showing no sign of abating, causing domestic production to plunge.“China’s pork and hog prices are likely to break… Source link

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China’s duck farmers are cashing in as African swine fever outbreak puts Chinese consumers off the nation’s favourite meat

On a 30-hectare (74-acre) plot of land in China’s Shandong province poultry hub, more than half a million white-feathered ducks are busy eating, chattering and laying eggs to produce cheap meat for thousands of factory canteens.With birds already packed into around 60 open-sided buildings, farm owner Shenghe Group is expanding further, aiming to raise output by 30 per cent this year to capture record profits as a plunge in pig numbers shrinks production of pork, China’s favourite meat.“The… Source link

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China 

China’s pork output falls amid African swine fever epidemic

China’s pork output fell by less than expected in the first half as the country tackled a devastating disease outbreak, although official data released on Monday showed conflicting figures on the extent of the decline in the hog herd.China produced 24.7 million tonnes of pork in the first six months of 2019, down 5.5 per cent from a year earlier, according to figures from the National Bureau of Statistics, amid an epidemic of African swine fever.The size of China’s hog herd – the world’s… Source link

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China 

Swine fever in China among risks to food markets, warn UN food agency and OECD

The spread of a deadly pig disease in China that has disrupted the world’s biggest pork market is one of the major risks to a well-supplied global agricultural sector, the United Nations’ Food and Agriculture Organisation and the Organisation for Economic Cooperation and Development said on Monday.African swine fever was highlighted in the FAO and OECD’s annual agricultural outlook for 2019-2028, which forecast broadly stable agricultural markets in the coming decade as productivity gains help… Source link

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China 

China could feel swine fever blow for next decade, Cargill says

It could be as long as a decade before China recovers from its outbreak of African swine fever, the deadly pig disease that is decimating hog herds in the world’s largest pork consumer.That is according to Cargill, one of the world’s largest agricultural commodity traders. The virus, which kills most infected pigs within 10 days, has already spread to most Chinese provinces.Official reports of a 24 per cent decline for the nation’s herd are “conservative”. said John Fering, managing director… Source link

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China 

Chinese officials report slowdown in African swine fever

Pig production in China is gradually returning to normal and outbreaks of the deadly African swine fever are finally slowing, according to the Chinese vice-minister for agriculture.The disease has swept through China, the world’s top pork producer, since it was first reported in August last year, with no cure or vaccine to halt its progress.Asked about reports of recent fresh outbreaks of swine fever, agriculture vice-minister Yu Kangzhen said China had seen only 44 new cases in the first six… Source link

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China 

China’s US soybean and pork imports down 55.3 per cent due to trade war, African swine fever

China’s purchase of agricultural products from the United States plunged this year, with soybean and pork imports down 55.3 per cent in the first five months of 2019, as the likes of Brazil, Southeast Asia, the European Union, Australia and Canada continued to reap the benefits from the trade war and African swine fever outbreak, according to China’s Ministry of Agriculture.Beijing are believed to be using its reduced orders of US agricultural products as a bargaining chip to reach a deal with… Source link

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Vietnam 

African swine fever could bankrupt livestock sector – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    A report from the US Department of Agriculture (USDA) recently stated that African swine fever (ASF) will cause demand for animal feed in Việt Nam to decrease from 23.8 million tonnes in 2018 to 23.7 million tonnes in 2019 and 23.5 million tonnes in 2020. Photo cungcau.vn   HÀ NỘI African swine fever has not only caused livestock farming households to fall into debt, but has also made it difficult for animal feed dealers to collect their payments. If the epidemic continues, the domino effect could bankrupt the…

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