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China is reducing pork production and consumption of soybeans

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UkrAgroConsult

According to analysts, Cargill, China will be able to completely eradicate ASF, which destroys the population in the largest country of origin of the pork, not earlier than 10 years.

The Disease, which within 10 days of killing the infected animals, has spread to most provinces of the country.

According to experts, the official word from the government about the reduction in the number of 24% is too optimistic and the real figure this year may reach 45%.

Since August, when the virus appeared in China already has more than 140 outbreaks, which forces the country to increase meat imports. Measures to strengthen control over safety of animals could not effectively fight the disease, since a significant portion of the industry operates in the shadows.

At the same time pork imports increased other types of meat because consumers are afraid to get a virus, although he is not striking people, and give up pork.

Due to reduction of livestock, China has sharply reduced import of soy, from 95 million tonnes last season to 85 million tonnes in the current.

After renewed negotiations between the US and China recently stepped up the purchase of American agricultural products, and after the June meeting of the presidents pledged to increase the volume of purchases.

In June, the U.S. exported to China and 1.5 million tons of soybeans, while in June 2018, the figure was only 300 thousand tons In the 2nd quarter of the soybean exports to China rose to 3.33 million tonnes as compared to 1.21 million tonnes during this period, in 2018 at the same time soybean exports to other countries decreased by 36% from 7.25 to 4.64 million tonnes.

From September to June 2018/19 MG in comparison with the previous season, the USA reduced the export of soybeans by 24% from 51.3 to 38.8 mln t. the Share of exports to China decreased from of 54, 45, or 27.9 million tons in 2018 to 21.8% or 8.5 million tonnes in 2019


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