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Pork
Posted in BLOG
Thursday, December 12, 2019
By Mark Hampton
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China is the world s largest producer and consumer of pork and, until recently, it only imported a relatively small percentage of its consumption. But China has been ravaged by African swine fever (ASF), with approximately half of its hog production wiped out. Unfortunately, because of trade disputes with the U.S., China has placed punitive tariffs of 60% on U.S. pork, bringing the total tariff on U.S. pork to 72%. NPPC is advocating for the... Read More |
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Posted in BLOG
Thursday, November 21, 2019
By Mark Hampton
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Vietnam is expected to fall short of nearly 200,000 tons of pork in the fourth quarter of the year due to African swine fever (ASF), reports the country s Ministry of Agriculture and Rural Development. As of mid-November, nearly 5.9 million of pigs have been culled or some 337,000 tons of pork, reports Xinhuanet . This makes up 8.8% of the total pig weight nationwide. According to agricultural deputy Minister Phung Duc Tien, the average... Read More |
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Posted in BLOG
Tuesday, October 22, 2019
By Mark Hampton
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African Swine Fever (ASF) continues to roil protein markets in Asia, especially China, and other parts of the world. The disease continues to spread and impacts are growing and very dynamic in nature. However, the latest data from USDA Foreign Agricultural Service (USDA-FAS) shows that the pattern of impacts on global protein markets is beginning to be revealed. No doubt numbers will change with more time. The epicenter of ASF is China which, as recently... Read More |
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Posted in BLOG
Monday, October 7, 2019
By Mark Hampton
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The North American Meat Institute has filed a lawsuit in California seeking to halt implementation of Proposition 12, the Farm Animal Confinement Initiative passed by voters last November. The Meat Institute says Proposition 12 hurts the nation s food value chain by significantly increasing costs for producers and consumers. “Prop 12 hurts the family on a budget with higher prices for pork, veal and eggs, and unfairly punishes livestock producers outside of California by forcing... Read More |
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Posted in BLOG
Thursday, October 3, 2019
By Mark Hampton
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The pork industry continues to grapple with the impact of African Swine Fever. From supply to demand, it's an outbreak that could have a lasting effect. “I don t think people really understand the magnitude of the hog supply in China,” said J ayson Lusk, department head and distinguished professor at Purdue University . “The amount of hogs they lost is double the size of the U.S. hog sector, so it s a big deal... Read More |
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Posted in BLOG
Sunday, November 11, 2018
By Mark Hampton
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On Thursday, the U.S. Department of Agriculture (USDA) lifted its temporary restrictions on imports of fresh and frozen pork from Poland that were put in place on Oct. 18 due to concerns over export protocols following an outbreak of African swine fever (ASF). ASF is a highly transmissible, trade-limiting pig disease. As ASF continues to spread rapidly across eastern Europe and China, efforts to keep the highly contagious disease out of the U.S. continue to... Read More |
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Posted in BLOG
Sunday, November 11, 2018
By Mark Hampton
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Although China linked feeding kitchen waste to pigs for the majority of the early cases of African swine fever detected in the world s largest pork-producing country, the cause of the latest ASF outbreaks is not known at this time. Analysts are reporting that China s feed sector might have been contaminated, suggesting risks were high that the disease would continue to spread quickly, reports Reuters on Monday. “It is likely that the source of... Read More |
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Posted in BLOG
Wednesday, October 3, 2018
By Mark Hampton
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Agricultural economists shared their forecast prices for the next several quarters following the Sept. 27 announcement of the September 2018 Quarterly Hogs and Pigs Report in a teleconference funded by the Pork Checkoff. Len Steiner, president of Steiner Consulting Group in Merrimack, N.H., believes the Iowa-southern Minnesota hog price for end of the year will be about $56/cwt, down about 4.5% from a year ago. The price will come in a little higher at over... Read More |
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