Wednesday, September 4, 2019

China admits losing 100 million hogs

China has released official loss estimates of 100 million pigs due to African Swine Fever.

It also said it is committed to rebuild the national pork industry and will open pork reserves if necessary to restrain price increases.

But it has gone ahead with a 10 per cent increase in the 62 per cent tariff it imposed earlier on pork from the United States and has not relented on a suspension of pork imports from Canada after it found ractopamine residues in a shipment from a Quebec processor and subsequently more than 100 falsified Canadian Food Inspection Agency export certificates.

Canadian and Chinese officials launched an investigation, but have said nothing over the last month about their findings.