China's pork imports to jump after first quarter as epidemic hits output: Rabobank
WUZHEN, China - China’s 2019 pork imports are set to double from last year to 2 million tonnes, a Rabobank analyst said on Thursday, as African swine fever hits production of the meat in the world’s top hog market.
China has reported 113 outbreaks of the contagious disease since last August, though farmers and industry insiders say several outbreaks are going unreported. Chinese pork production will fall by up to 20 percent in 2019, Oscar Tjakra, a director of food and agribusiness research at Rabobank, told a conference in the east of the country. China typically accounts for around half the world’s output of the meat.
The United States agriculture department’s attache in Beijing has forecast pork production at 51.4 million tonnes this year, down 5 percent from 2018, with imports seen at 2 million tonnes.Pork production increased in the first three quarters of 2018, said Zhu Zengyong, associate professor at the Agricultural Information Institute of the Chinese Academy of Agricultural Sciences , but declined significantly in the fourth quarter after the disease began spreading rapidly.
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