China: Livestock and Products Semi-annual

  |   Attaché Report (GAIN)

ASF has devastated China’s swine industry since August 2018. Despite low official reported cases of ASF and robust recovery efforts in the second half of 2019, overall swine production and slaughter will remain depressed in 2020. Further complicating matters is the coronavirus outbreak in China, but it is likely that there will be sufficient market incentive and political stimulus to push forward with recovery efforts. As a result, the 2020 ending hog inventory is expected to increase slightly from 2019 as the decline bottoms out. With low pork production in 2020 resulting in high pork prices, many Chinese consumers will seek out beef as an alternative protein. While elevated beef prices will spur some larger facilities to increase cattle production, most smaller facilities will be cautious in the face of uncertain pork prices and rising input costs. Overall, cattle ending inventories are expected to remain basically flat through 2020. The majority of increased beef demand will be satisfied by imports.

China: Livestock and Products Semi-annual

Related Reports

Spain is facing a second consecutive year of poor grains crops. While northernmost grain producing areas still hold production potential, yields in the country’s southeast are estimated to have declined significantly.
On June 1, 2009, the People’s Republic of China (PRC) released National Food Safety Standard for Hazard Analysis and Critical Control Point (HACCP) System for General Requirements for Food Production Enterprises (GB/T 27341-2009), which entered into force on February 17, 2009.
Attaché Report (GAIN)

New Zealand: Dairy and Products Semi-annual

FAS/Wellington’s New Zealand milk production forecast is raised for 2023 to 21.5 million metric tons (MMT) as a result of favorable pasture growing conditions entering the year and strong milk production during the first four months of 2023.