2 months China’s pig herd may shrink by 50% due to African swine fever: Rabobank MB |Biz
By Reuters BEIJING (Reuters) – China’s pig herd could halve by the end of 2019 from a year earlier as an epidemic of African swine fever sweeps through the world’s top pork producer, analysts at Dutch bank Rabobank forecast on Tuesday. Pigs are seen at a family farm in Fuyang, Anhui province, China July 5, 2019. REUTERS/Stringer / MANILA BULLETIN The bank said China’s herd, by far the world’s biggest, was already estimated to have shrunk by 40% from a year ago, well above official estimates which have ranged from 15% to 26%. The forecast comes amid industry speculation that ... more