ASF stories out of China are updated and changing every day. Last Sunday a Chinese feed company announced that they found African Swine Fever in some feed samples.
Allan Bentley, Genesus Sales representative for North America:
"Their stock fell 6%. Miraculously the next day it was announced that their test was wrong. I bet heads rolled on that one….literally. It is nearly impossible to get an honest story out of China. Never listen to what China says, but rather watch what they do. To get a real handle on how African Swine Fever is affecting China’s Pork Industry we need to watch their imports. We also need to see how quickly they are willing to come to the negotiation table with President Trump. I am surmising that the Chinese Government is not releasing information about all the cases of AFS. I also suspect that many cases are not getting reported at all to the Chinese government."
China’s appetite for pork will bring imports in if their own supply cannot provide for the demand. It may not come from the U.S. but it will come from somewhere.
Lyle Jones, Genesus Director of Sales, China
"The Ministry of Agriculture has confirmed the presence of ASF within Sichuan Province, the region with the highest swine production and the country's greatest rate of consumption. Thus far over 60 incidences of ASF in 18 provinces have been reported as the Swine Industry grapples with how to deal with the problem. China’s efforts to stem the spread of African swine fever were dealt yet another blow when the agricultural ministry confirmed the first case in a wild boar found dead in northeastern China’s Jilin province, according to the Ministry of Agriculture and Rural Affairs. To combat the disease, movement of pigs within affected areas are restricted causing markets disruptions and volatility in pork prices from one province to another. However, the overall average price of pork in China remains relatively stable at 13.92 CNY/KG or $0.91 per pound."
Source: thepigsite.com.
