22.
10.20
14:20

German pork displaces competing offerings from the EU

German meat processors are now sending their products, originally intended for buyers in Asia, to supermarkets in Europe. China, South Korea and Japan are rejecting German meat deliveries after African swine fever (ASF) was found in wild boar herds in Brandenburg on September 10.
After that, the prices for slaughter pigs immediately fell by 14%, but have since remained at the level of € 1.27 / kg SG. The animal disease ASF has decimated pig populations around the world.
German pork is now dependent on sales in Europe and is now replacing deliveries from Spain, Denmark and the Netherlands in the supermarkets. Since then, however, these countries have been able to sell much more meat to China.
The trade margins of German meat processors have worsened since then, as you cannot sell all the products such as ears, paws and tails that buyers in China prefer.

Source
Hansa Terminhandel GmbH
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