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China and Japan Suspend Pork Imports from Germany Following African Swine Fever Case
According to the German Food and Agriculture Ministry, China and Japan have suspended imports of pork and live pigs from Germany after a case of African swine fever was confirmed in a wild boar near the Polish border in the eastern state of Brandenburg, Germany. This comes as South Korea banned imports of German pork last week.
Pork imports of 40,230 tons from Germany last year accounted for about 3.3% of Japan's total imports of pork, the ministry reported. Japan did not import any live pigs last year, down from six in 2018. China's ban on imports comes as the country deals with its own spread of the disease. German pork exports to China total about...
WH Group Announces 2020 Interim Results
WH Group Limited announced the unaudited consolidated interim results of the Company and its subsidiaries for the six months ended June 30, 2020.
• Revenue increased by 12.2% to US$12,481 million• Operating profit increased by 20.9% to US$925 million• Profit attributable to owners of the Company, before biological fair valueadjustments, increased by...
PODCAST: Calling All Pork People - ASF, Retail Demand, Exports, and More
In this week's segment Russell Barton discusses retail demand, slaughter, exports, African Swine Fever, and COVID-19...
ANALYSIS: Pork 2020 Comparison
The first half of 2020 was highly volatile in the pork market due to a myriad of factors. While cases of ASF continued to be reported across several...
Charoen Pokphand Foods Maintains Strict Preventive Measures Against ASF and COVID-19
Charoen Pokphand Foods PLC (CPF) will keep in place its strict preventive measures against African Swine Flu (ASF) in pigs and novel coronavirus (COVID-19) despite a low level of domestic transmission. Having been organized is employee training on New Normal farming that will concurrently protect both pigs and human and sustainably assure food safety for consumers.
Dr. Damnoen Chaturavittawong (D.V.M), Senior Vice President of Swine Veterinary Service Department at CPF, said that strict animal and human disease control measures have been continually practiced at the Company for both livestock and aquaculture businesses, as required by international standards. In the outbreak of ASF epidemic and COVID-19 pandemic, additional stringent measures and guidelines have been...
COVID-19 Overshadows African Swine Fever, but ASF’s Influence Prevails
African swine fever remains the dominant issue in global animal protein – as it has been since 2018. But COVID-19 further distorts the outlook, constraining production, consumption, and trade.
ASF is still the major influence on global pork markets, and it continues to impact pig herds and restrict pork production in China, Vietnam, the Philippines, and parts of eastern Europe. As Rabobank does not anticipate an effective vaccine against ASF to be commercially available in 2020, biosecurity measures remain the most effective defense.
Herd recovery is underway in China, and has been proceeding faster than expected, but a further significant drop in...
U.S. Pork Exports Reach New Heights in March; First Quarter Beef Exports Also on Record Pace
Underpinned by record production, U.S. pork exports completed a tremendous first quarter with new March records for volume and value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports also trended higher year-over-year in March, establishing a record first quarter pace.
“March export results were very solid, especially given the COVID-19 related headwinds facing customers in many international markets at that time,” said USMEF President and CEO Dan Halstrom. “Stay-at-home orders created enormous challenges for many countries’ foodservice sectors, several key currencies slumped against the U.S. dollar and logistical obstacles surfaced in...
Rabobank Pork Quarterly Q2 2020: COVID-19 Crisis Disrupts Global Pork Industry
Rabobank expects continued volatility in pork prices in 2020, as disruption in local markets is balanced with product shortfalls in Asia.
“The combined effect of near-term demand destruction and processing interruptions due to labor constraints has weakened producer returns and will slow production growth. Weaker GDP growth could further pressure pork demand, compounding an already challenging operating environment,” according to Christine McCracken, Senior Animal Protein Analyst.
China: Hog price strength reflects slow herd recovery and demand recovery
Hog prices remain elevated on African swine fever (ASF) herd losses and a gradual recovery in the production sector. Producer interest in rebuilding remains...
ANALYSIS: Pork Bellies Collapse to 1999 Levels
The last time pork bellies were trading at this level, you were probably more concerned with Y2K than what to do with excess bellies. We’re forced to turn the history books back to 1999 to see...
ANALYSIS: Turkey Thigh Meat and Pork Hams: Feeling the Export Pressure
Marketers of turkey thigh meat and boneless pork hams are certainly no stranger to some cross-protein competition...
Rabobank: Coronavirus and African Swine Fever to Shake Up Global Poultry Markets
The outlook for global poultry in 2020 will be materially affected by the current coronavirus pandemic, and the ongoing African swine fever (ASF) challenges in the pork industry will bring additional complexity to global markets.
Rabobank expects a further drop in pork production in Asia this year, which could lead to potential growth in local poultry production and international trade, if rising supply chain challenges can be managed. As coronavirus is now expected to cause a global economic slowdown, poultry demand could...
ANALYSIS: COVID-19 and the Pork Market
Analyzing a situation at the beginning or in the middle of a market-moving event is never an easy task, and with Coronavirus, this fact rings truer than ever. In truth, it has not been that long since...
PODCAST: Have We Peaked? Coronavirus and African Swine Fever in China
This week Laura sits down with Todd Thurman of Swinetex to discuss the African swine fever situation in China and restocking efforts. With COVID-19 complicating an already serious situation, what can the pork industry expect...
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A Snapshot of Plant-Based Protein Growth Amid the Pandemic
Beyond Meat to Expand Walmart Distribution
Rabobank's Poultry Quarterly Q4 2020: The Challenge of Balancing Volatile Markets
Sysco Announces Launch of New Menu Concepts
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