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China pork crisis

China’s consumer price index (CPI) rose by 1 per cent in February, year on year, down from 2.1 per cent in January. Photo: EPA-EFE

China’s consumer prices set to edge up amid reopening despite ‘puzzling’ fall

A February decline in China’s consumer price index was broad-based, according to analysts who point to last month’s dip in food and non-food inflation, as reflected in official data released on Thursday.

WH Group to gain US$467 million from sale of food spices unit to French firm

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WH Group posts 7.2 per cent jump in 2021 profit, but outlook clouded by war

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China’s pork self-sufficiency push to raise demand for global grain stocks

China’s self-sufficiency targets have been flagged since 2020 as part of Beijing’s food security goals, with a push to be almost entirely self-sufficient in pork production set to bolster purchases of soybeans and feed grains.

China, which consumes half of the world’s pork, will maintain a target to produce 95 per cent of the protein at home until 2025. Photo: EPA-EFE

US pork producers ‘concerned’ as China raises import tariffs amid supply glut

China lowered its tariffs on frozen pork in 2020 in the aftermath of a devastating outbreak of African swine fever, but rates for most favoured nations will return to 12 per cent on January 1.

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Explainer | Panic buying in China, but is there a food security concern?

China needs to feed 1.4 billion people with a mixture of domestic supply and imports, but recent problems like African swine fever, the coronavirus and natural disasters can impact availability.

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China’s new pig farmers determined to ‘hold on’ despite heavy losses

Surging output and Covid-linked demand interruptions have driven down pork prices by 70 per cent this year, but many new farmers are determined to ride out the boom-bust cycle.

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Many Chinese breeders are struggling to pay their suppliers, as pork prices have fallen by 70 per cent this year. Photo: Bloomberg

Elevated commodity prices push China’s factory-gate inflation to 13-year high

China’s official producer price index (PPI) rose by 9.5 per cent in August from a year earlier, while consumer price index (CPI) rose by 0.8 per cent.

WH Group’s family feud goes up a notch after US$1.4 billion wipeout

WH Group, world’s biggest pork producer said allegations by Wan Hongjian, one of the sons of its founder, are ‘untrue and misleading’.

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Commodities ‘essential for livelihood’ to offset impact of floods, virus cases

China’s top economic planning agency says it will strengthen control and prevention of African swine fever after the flooding in Henan province, while also ensuring supplies of essential produce.

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Last month’s flooding around China’s central Henan province has swept away the crops and animals of some farmers while others are seeking donations of disinfectants to stop the spread of animal disease. Photo: AFP

China’s 13-storey ‘hog hotels’ latest weapon in food security fight

So-called hog hotels are being used to prevent virus outbreaks after an African swine fever outbreak in China in 2018 wiped out more than 400 million pigs – roughly half the nation’s herd.

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Lethal African swine fever, which sickens pigs much like Ebola kills humans, caused a dramatic outbreak in China in 2018, and within a year, roughly half the nation’s herd of more than 400 million pigs had been wiped out. Photo: AFP

Henan floods cause US$348 million damage to China’s livestock industry

The floods in the central Chinese province of Henan have led to the death of 248,000 pigs, 6.4 million chickens and 45,000 sheep and other large livestock, resulting in damages of 2.25 billion yuan (US$348 million).

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‘The sky has fallen’: China’s farmers see livelihoods washed away by floods

China’s Henan province, which is famous for agriculture, and pork production in particular, was left paralysed by floods last week.

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‘You lose money no matter what’: China’s pork crisis squeezes small farmers

The African swine fever epidemic has accelerated a structural transformation in China’s hog farming industry, with small family farms slowly losing market share to agricultural corporations.

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Many of China’s small pig farmers are struggling to survive due to the pork price volatility that followed African swine fever. Photo: Shutterstock

Skyrocketing oil prices push up China’s transport costs, but food is cheaper

China’s official consumer price index (CPI) rose by 1.1 per cent in June, year on year, while plunging pork prices helped drive down the cost of food by 1.7 per cent.

Plunging pork prices helped drive down the cost of food by 1.7 per cent in China last month. Photo: EPA-EFE

Opinion | How lab-grown meat can help fix China’s pork crisis

Embracing cultivated meat could help China bolster its domestic industry and produce more resilient, sustainable pork. A fully developed cultivated pork industry would mean less volatile prices, require less land use and produce far less greenhouse gas emissions.

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Chinese pork giant fires chairman’s son over aggressive behaviour

Wan Hongjian, 52, was stripped of his roles as executive director, deputy chairman and vice-president of WH Group because of his recent misconduct and aggressive behaviour, company says in exchange filing.

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China taps pork reserves as panic selling, sluggish demand see prices plunge

China has introduced a new system to manage its pork reserves and stabilise prices for the staple meat, as tumbling prices squeeze small farmers across the world’s second-largest economy.

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Pork prices in China have fallen more than 50 per cent since mid-January amid sluggish demand and panic selling due to new African swine fever outbreaks. Photo: AP

WH Group offers to buy back US$1.93 billion of stock at premium to market

Wan Long, the 81-year-old chairman and CEO, says the offer will allow investors to either cash in their investment or enjoy higher a return. The stock has underperformed the Hang Seng Index this year and in 2020.

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China’s obese pigs fuel relentless slump in pork prices

Sluggish demand, increased imports and panic selling by farmers after fresh outbreaks of African swine fever have combined to see wholesale pork prices plunge in China.

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China limits live pig shipments to curb African swine fever outbreaks

New government policy introducing five zones and banning hogs from being moved between zones aims to encourage the transport of pork rather than live pigs.

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Industrial pig farmers have improved biosecurity measures, say agricultural experts, but small family farms still have a long way to go and may lose their business if risky measures fail in the face of an outbreak of African swine fever or other diseases. Photo: Reuters

China pork imports hit all-time high, US soybean imports surge 320 per cent

China’s imports of US soybeans hit the highest monthly total since December 2016 in March, while overall pork imports jumped to an all-time high in March on supply concerns following a resurgence of African swine fever .

Inbound shipments increased 16 per cent from a year earlier to 460,000 tonnes, boosting overall meat imports to a record as well, according to customs data on Sunday. Purchases in the first quarter advanced 22 per cent to 1.16 million tonnes, data showed. Photo: May Tse

As China’s high pork prices gradually fall, African swine fever fears persist

Wholesale price of pork has fallen for nine straight weeks, approaching the level from August 2019, but remains twice as high as it was in mid-2018 before the virus hit.

China ‘can’t let its guard down’ with African swine fever still ‘major risk’

The deadly African swine fever once killed half of China’s pig population, sending the price of pork skyrocketing, and six small outbreaks have been reported since the start of 2021.

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China factory gate prices jump in February on higher raw material costs

China’s official producer price index (PPI) rose to 1.7 per cent in February from a year earlier, while the consumer price index (CPI) eased to minus 0.2 per cent.

China’s official producer price index (PPI) jumped to 1.7 per cent in February from a year earlier, compared to 0.3 per cent in January. Photo: Xinhua

China on watch for mutant African swine fever strains

Researchers say they have found two variants that spread more easily than the dominant type.

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Chinese researchers say they have found two mutations of African swine fever that are less virulent but highly transmissible. Photo: EPA-EFE

China’s manufacturers charging more for their products for first time in a year

China’s producer price index (PPI) rose to 0.3 per cent in January from a year earlier, compared with minus 0.4 per cent in December, while the consumer price index (CPI) fell to minus 0.3 per cent last month.

3,000 pigs to be culled after African swine fever found at Hong Kong farm

Disease was first detected at the facility in Yuen Long last week, triggering two smaller culls.

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China pork crisis
African swine fever was first detected in China in August 2018, near its border with Russia, eventually spread to all 31 mainland provinces, municipalities and autonomous regions in less than nine months. This led to a mass culling of livestock that surpassed 100 million pigs and a significant jump in the price of pork, close to a 50 per cent increase in some cases. The trade war with the United States limited replacement options from the American agriculture industry due to higher tariffs. In 2018, China consumed about half of the world’s pork but more than 95 per cent was sourced from domestic supplies.
last updated:
9 September, 2024
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