Chinese pig prices have seen a significant decline in the first half of the year, leading to a potential 20% drop in import volumes compared to 2020. This is due to African swine fever outbreaks, which have resulted in herd liquidation and an oversupply of pigs. Despite expectations of a price rebound in the third quarter, high frozen pork inventory is expected to keep prices low. This could impact exporting regions as China's import demand softens. Meanwhile, pork production in China has seen strong growth in the first half of the year due to ASF-related liquidations. In other regions, pork production growth is expected to be limited by high feed costs. The discovery of ASF on German domestic pig farms could also impact non-EU export markets. In the United States, pig prices have stabilized despite disease loss and high feed costs, with strong demand for belly and ham keeping prices high. Brazilian pork production has started the year well but high feed costs may limit further growth.