The return of ASF in China can boost prices in Brazil

Published 2023년 3월 27일

Tridge summary

The article explores the potential impact of African swine fever (ASF) on China's pork market and the broader global animal protein trade. It highlights how previous health crises, such as bird flu in the US and ASF in China, have shifted the global export dynamics, with Brazil and South American countries like Argentina and Uruguay benefiting. The article also discusses China's efforts to professionalize its pig farming industry and the current concerns regarding a potential ASF resurgence, which could increase pork imports and impact the livestock sector. However, the article also emphasizes the need for cautious market reactions due to China's data transparency issues and the unpredictability of the ASF situation. The article's tags include China, exports, pork, Brazil, Beef, ASF, Animal Health, futures, outbreak, bird flu, animal proteins, global market.

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

Original content

Issues involving animal health are the common driver of global exports of animal proteins. In the outbreak of bird flu in 2015 that sharply affected the US market, Brazil gained the position of top exporter of chicken meat on a global scale. Another recent health event also had an incisive impact on South American exports of animal proteins: the outbreak of African swine fever (ASF) in China. The ASF disease decimated China’s pig herd, creating a supply gap that took years to be filled. During this period, China massively expanded its purchases of all kinds of animal protein. Brazil stood out in the sales of beef, chicken, and pork. In turn, Argentina and Uruguay gained prominence in beef exports. This movement was quite noticeable between 2019 and 2021. Chicken and pork began to show less significant volumes of shipments from 2021 onward. On March 15, it was widely reported by international agencies that Chinese health-testing companies pointed to the strong advance of ASF ...

Source: UkrAgroConsult