China pork market faces uncertainties


China’s ongoing trade war with the US is leading to uncertainties in its pork industry, Rabobank said in its Pork Quarterly Q3 Report. Higher tariffs on inputs like soybeans are likely to pressure costs and lead to volatility in farming. This could lead to big farms slowing down their expansion, while prompting smaller farmers to leave the market earlier than expected.

Thus, pork supply may be more volatile, with periods of oversupply and shortage. Meanwhile, the government has warned against a new virus strain, Senecavirus A. While no serious outbreak has been reported, risks will rise if farmers’ lower biosecurity measures to reduce costs.


Readers choice: TOP-5 articles of the month by UkrAgroConsult