Numlock News: April 15, 2019 • Pigs, Hellboy…

By Walt Hickey Welcome back! Hope you had a nice weekend. Chinese Pigs The African swine fever roiling China’s hog industry is entering into an unprecedented scope, with Rabobank expecting Chinese pork production losses of 25 percent to 35 percent. It’s affecting somewhere between 150 million and 200 million pigs, and no level of protein replacement or importing can fill that production shortfall. Recovery could take years due to breeding herd losses and extreme losses of 50 percent are expected in some parts of China. That 30 percent of pork production is equivalent to Europe’s entire annual pork supply and is 30 percent larger than the entire U.S. hog production. It’ll cause a 10 million metric ton shortfall in the 2019 animal protein supply.

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