FCStone believes pork production in China could normalize only in late 2020

According to Darin Friedrichs, senior commodities analyst from Asia at INTL FCStone, China’s pork production is expected to normalize in late 2020.

According to the analyst, although the Chinese government is pushing local pig farmers for a rapid recovery, the African plague is still active in the country and could continue to cause problems.

“Maybe the farmers have improved a lot in biosecurity and we will see production start to recover, or maybe the virus is very resilient and the attempts to rebuild the herd may result in more animal deaths,” says the analyst.

Source: Dow Jones

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