Germany gets extra slice of EU pork sales after Asian ban

Germany's meat processors are sending pork and bacon chops previously destined for Asia to supermarkets in the European Union after China, South Korea and Japan banned German imports due to an outbreak of African swine fever (PSA) in wild boars. Pig prices in the European Union's largest producer fell by about 14% immediately after the outbreak was confirmed on September 10, but have since stabilized, albeit at a lower level, as the disease plagues pig herds across the world. world. Since then, meat from Germany has been effectively trapped in Europe, displacing supplies from rival producers, including Spain, Denmark and the Netherlands, who continue to sell large volumes to China, where millions of animals have been slaughtered. For German meat processors, overall sales margins in Europe are weaker than they would be for China, mainly because they have been struggling to find markets for leftovers such as ears and feet, which are more popular in Asia than in Europe. The ...