Jais Valeur, CEO of Danish Crown (Europe’s leading pork processor), tells the Financial Times that prices of pork are being driven up as the disease threatens to shrink China’s pig herd by 130 million, or a third. A Chinese official last week forecast pork prices could go up 70% in the second half of the year owing to African Swine Fever; while US pork sales to China recently hit a record high.
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