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June 24, 2019, 02:47:47 pm
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  Year of the (dead) Pig (search mode)
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Author Topic: Year of the (dead) Pig  (Read 345 times)
Snowguy716
snowguy716
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Posts: 22,265
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« on: May 05, 2019, 11:22:36 am »

https://www.scmp.com/economy/global-economy/article/3008729/chinas-african-swine-fever-outbreak-and-us-trade-war-combine

African swine fever has spread across China and has entered Mongolia and Vietnam.  The disease kills nearly every pig it infects with ebola-like hemorrhages.  It is projected that anywhere from 1/3 to 1/2 of China’s pig population will need to be culled or otherwise killed.

This is on top of steep tariffs China put on American pork imports to punish pro-Trump farm states.  China is the world’s 3rd highest pork consumer per capita making them the largest producer by a long shot.

This is sending shockwaves through goobal meat markets as China greatly increases meat imports.  It is suggested inflation may go as high as 5.7% in China.

I think I’ll have a blt for lunch.
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Snowguy716
snowguy716
YaBB God
*****
Posts: 22,265
Austria


« Reply #1 on: May 10, 2019, 11:38:40 am »

does this mean that my ham and bacon prices are going to go up?

Modestly, but there's not enough refrigerated shipping in the world to make a huge difference.  Basically, the Chinese will have to eat more chicken.
Fed by Brazilian soy.  I’m sure Papa Poo Xi will be singing the praises of tofu and how good Chinese citizens with good social credit celebrate and eat tofu instead of meat early and often, as they always have.
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