Hog-Disease Outbreak in China Triggers Surge in U.S. Prices
Hog-Disease Outbreak in China Triggers Surge in U.S. Prices Bloomberg 3/3/2021 Michael Hirtzer (Bloomberg) -- Hog prices surged as rising cases of the deadly African swine fever in China fueled meat-supply concerns. Thirty-six piglets were culled after the disease was detected in the province of Yunnan, in the third case this year in the Asian nation, the agriculture ministry said in a statement. Lean hogs for April delivery jumped by the exchange limit in Chicago. China’s hog herd, the biggest in the world, has been rebounding from an ASF outbreak that started in 2018. If...