China | Avian Influenza Scare Yet To Impact Pork Prices In China | Despite ev...

China

Avian Influenza Scare Yet To Impact Pork Prices In China

Despite evidence that poultry consumption has plunged due to avian influenza scares, pork prices have yet to benefit as they remain below last year’s levels. Although pork and beef consumption is firm, a strong bump in demand has yet to be reflected in local livestock and meat markets. Markets might not show more strength until cold weather hits the main urban areas in Eastern China.

Weakness in livestock prices is reflected in slacking demand for imported pork offal, and a near collapse in new applications for poultry import permits. U.S. exporters exhibiting in the USMEF booth at the Food And Hotel China-Shanghai Show last week reported relaxed buying interest from traders. 

Public anxiety over avian influenza is growing due to recent announcements by the Chinese government. China’s Chief Veterinary Officer announced Nov. 16 a plan to vaccinate China’s entire poultry population, an estimated 14 million birds. The plan would be the most ambitious animal vaccination project ever undertaken.

To view the entire story, click here.

China

Avian Influenza Scare Yet To Impact Pork Prices In China

Despite evidence that poultry consumption has plunged due to avian influenza scares, pork prices have yet to benefit as they remain below last year’s levels. Although pork and beef consumption is firm, a strong bump in demand has yet to be reflected in local livestock and meat markets. Markets might not show more strength until cold weather hits the main urban areas in Eastern China.

Weakness in livestock prices is reflected in slacking demand for imported pork offal, and a near collapse in new applications for poultry import permits. U.S. exporters exhibiting in the USMEF booth at the Food And Hotel China-Shanghai Show last week reported relaxed buying interest from traders. 

Public anxiety over avian influenza is growing due to recent announcements by the Chinese government. China’s Chief Veterinary Officer announced Nov. 16 a plan to vaccinate China’s entire poultry population, an estimated 14 million birds. The plan would be the most ambitious animal vaccination project ever undertaken.

To view the entire story, click here.