Bulgarian breeders: Covid-19 on plague

Published Nov 24, 2020

Tridge summary

The article provides an overview of the significant challenges and opportunities faced by the European and Asian animal husbandry sectors in 2019 and 2020, with a focus on pork and poultry production. The year 2019 marked a division in the industry, with African swine fever impacting some complexes and boosting pork prices, despite the COVID-19 pandemic reducing meat consumption. The situation worsened in 2020, with further declines in pork prices, reduced beef and veal production, and meat shortages due to the pandemic and the world's largest processing companies' halted operations. Poultry farmers see potential for increased production in Asia, given the decreased pork production, and benefit from the lower price point of chicken. In 2019, the top 30 livestock companies generated a total revenue of BGN 879 million, with 'Ajax 1' achieving significant success. The article also mentions the strategies adopted by 'Ajax 1' and 'Bonnie Holding' to mitigate the effects of the African swine fever and the challenges they faced in the new year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The past 2019 drew a dividing line in animal husbandry. Poultry and pig farmers, and the latter of two other groups - of complexes affected by African swine fever, and those that have been protected from it. growth of chicken production on a European scale and greater supply. In the group of major breeders in the country, the few who won in the otherwise dramatic 2019 are pig farmers who managed to protect their complexes from the disease last year and take advantage of changes in demand and hence pork prices. The main conductor of the market it was China that suffered dramatically from the African plague. The country, home to half of the world's pigs, has reportedly lost a third of its pig population, with official figures likely to fall and the swine fever problem in China still unresolved. Millions of Chinese pigs led to strong imports of pork from Europe to China, which jumped by 54% in the first half of 2019. This raised pork prices on the Old Continent, which benefited some ...

Source: Capital