China: Sluggish Demand Can’t Break Swine Fever’s Grip on Pork Prices


Pork prices increased in March despite sluggish demand, underlining that the meat has been in short supply as African swine fever has continued to spread around the country, analysts said.

The price of pork has also been on the rise in March. The average price for lean pork meat was 20.16 yuan per kilogram from March 11 to March 15, an increase of 13.9% from the previous week, according to data from the Ministry of Agriculture and Rural Affairs.

full story: caixingglobal.com

Campaign to push back against inaccuracies about beef industry

Scotland’s red meat industry has united behind a £500,000 campaign that ‘pushes back’ against current misinformation directed at the beef sector.

The Know Your Beef campaign has been developed by Quality Meat Scotland (QMS) with the aim of inspiring consumers about Scotch Beef’s quality, sustainability and welfare credentials.

Due to launch on Monday, March 4, the campaign will feature a TV advert as well as billboard, print, social media and digital activity. It is expected to reach almost four million adults during March and April, including audiences in London through a partnership with Classic FM.

 

full story – Press and Journal

Colin Ley

No new market will save Irish beef from Brexit – Meat Industry Ireland boss

There is no silver bullet in terms of a new market that will save Ireland and the beef sector from the impact of a no-deal Brexit, Cormac Healy, director of Meat Industry Ireland (MII), told RTÉ’s Countrywide on Saturday morning.

He said while the industry has been working on market access to new markets, “none of those will act as a replacement in terms of volume or value for Irish beef”.

No silver bullet

“There is no silver bullet in terms of a new market that will save us. We now have a situation where processors are processing animals today and in the week we’re in, where some of that beef probably won’t be going into the UK market until after the 29 March, therefore we’re already into the risk period,” he said.

 

full story – Irish Farmers Journal

Amy Forde

China pork producers surge as swine disease cuts supply

Shares in China’s leading pig producers have soared to record levels despite one of the worst disease outbreaks in years, as investors bet on tightening pork supplies and strong government support for leading producers.

 

China is battling the world’s fastest spreading outbreak of African swine fever, an incurable pig disease that has been confirmed in 28 of its provinces and regions.

Livestock shares initially slid on the early outbreaks in August and September. But they have climbed since November, even as outbreaks continued and as transport curbs on infected provinces hit prices and hurt profits at most producers.

Shares in Muyuan Foods Co Ltd, the No.2 producer, have doubled in the past six months. No. 4 producer Jiangxi Zhengbang Technology Co has surged more than 200 percent, while rapidly growing Tech-bank Food Co Ltd is up 143 percent.

While listed companies still account for only a modest proportion of China’s annual production of 700 million pigs, they are growing quickly as Beijing promotes modern farm techniques. Muyuan produced 11 million pigs last year.

 

full story – Reuters

Vietnam calls for ‘drastic measures’ to fight African swine fever

Vietnam’s prime minister has called for “drastic measures” to fight the spread of African swine fever in the Southeast Asian country, state media reported on Tuesday.

 

The highly contagious disease, which is incurable in pigs but harmless to humans, has spread rapidly across neighbouring China since August, and has been found in seven areas in Vietnam, the state-run Vietnam News Service reported.

“We should combat the epidemic as if we are fighting against the enemy,” Phuc said in a meeting with regional officials on Monday, according to Tuesday’s report, which said Phuc had called for “drastic measures” from the “whole political system” to fight the disease.

From Feb. 1 to March 3, the fever was found in 202 households in seven cities or provinces in northern Vietnam, including in the capital, Hanoi, Vietnam’s government website reported.

Over 4,300 pigs have been infected and destroyed because of the virus, the website said, citing data from the Ministry of Agriculture and Rural Development.

 

full story – Reuters

Mai Nguyen and James Pearson