08.
03.19
Demand impulses from China

Schweine Cockpit, 08.03.2019

  • Supply of slaughter pigs goes back piece by piece
  • Slaughter pig prices have pent-up demand
  • Demand trend in global trade by China noticeable from March
  • Meat trading agencies are filling stocks as rising prices are expected
  • Noticeably fewer piglets traded and stabled
  • Dying meat trade is causing problems in the EU
  • Uncertainty of the market by the ASP
  • Uncontrolled Brexit: Trade with UK threatens high damage to the EU
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(AMI) - Pork prices in China have recently increased by 4 cents / kg liveweight compared to the previous week. In contrast, the very large supply in the US ensures relatively low and stagnant prices. The US pork portions are also well below the previous year's level: Shoulder (Boston) (-22%), Shoulder (Picnic) (-33%), Ham (-24%) and By-products (-13%). There is hope for an end to the trade dispute between the US and China. At the end of March, US President Donald Trump and China's head of state Xi Jinping could settle the dispute at the summit. As a place to serve Trump's Florida leisure resort. It is not just US exporters who are hoping that the import demand for pork in China will be booming, and EU exporters are also speculating on rising prices and attractive trading deals with China. However, this only happens if African swine fever does not thwart China shipping in other EU countries. The cases of wild boars infected with African swine fever (ASP) continue to rampant in Poland, Hungary and Belgium. In Poland and Hungary alone, just under a week ago, almost 70 or almost 100 new cases were registered. The epidemic is also on the rise in Asia.In China, 28 provinces with 111 outbreaks are currently reported by the FAO. Since January and February of the current year, ASP has also spread unchecked in Mongolia (10 outbreaks in 6 provinces) and in Vietnam (11 outbreaks in 4 provinces). Since the beginning of the year, 197 positive cases have been reported in wild boar in Belgium. The total number here since the first finds in September 2018 according to Belgian original source as of 06 March to a total of 619 cases. In China, there has been a surge in demand and good deals for approved suppliers for two weeks now.

Demand impulses from China
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ZMP Live Expert Opinion

The green side, ie the managing directors involved in the VEZG price recommendation, have kept their feet quiet for a long time with regard to the slaughtering industry. After the carnival time, the knot should burst. The weekly increase in piglet prices has decoupled from the price trend on the pig market. It is easy to imagine that soon the pig market and the meat market in terms of price gap.

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