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Poultry is King of Proteins in International Poultry Council Outlook
As the International Poultry Council (IPC) took stock of the global protein outlook at its first semester meeting in New Orleans, La. last week, one economic reality riveted attention: Total world production of pork will decline in 2019 with poultry in position to wrest the crown from pork as the world’s most consumed meat protein.
The upheaval in meat proteins is being driven by African swine fever (ASF) in pig herds in three continents and 15 countries. Production losses in 2019 are expected to amount to 14 percent of the world’s pork supply but may continue to move higher.
“Hog losses in China due to ASF will trigger big shocks in global protein markets,” Christine McCracken, senior protein analyst at Rabobank, told IPC members, “and poultry is the meat protein with the most to win...
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