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6/9/2021 By Hallie Gu and Dominique Patton BEIJING, June 9 (Reuters) - China's state planner said on Wednesday it aimed to use state reserves of pork to stabilise hog production and prices, after a more than 50% plunge in pork and hog prices since the beginning of the year. China's pork industry is recovering from an outbreak of the deadly African swine fever virus that devastated the hog herd during 2018 and 2019, but prices this year have fallen far more steeply than expected, analysts said. Current hog prices of about 15.6 yuan ($2.44) per kilogramme are below the break-even point for ...

SOURCE / ECONOMY By Global Times Published: Jun 02, 2021 07:38 PM A worker arranges boxes of imported frozen meat at a cold storage at Dalian port in Dalian, northeast China's Liaoning Province, April 8, 2020. (Xinhua/Yao Jianfeng) A cyberattack on Brazil's JBS SA, the world's largest meatpacker that exports one-third of its products to China, only has a slight impact on China's meat imports, though some importers may be worried about potential disruptions, industry insiders said on Wednesday.  The company's production around the world, including North America and Australia, was disrupted...

Publishing date: May 27, 2021  •  1 hour ago  •  6 minute read  •  Article content BUENOS AIRES/CHICAGO/SAO PAULO — Beef prices are surging worldwide, taking meat off the menu in steak-loving Buenos Aires and spoiling summer barbecues in the United States as Chinese imports rise and the cost of feeding cattle soars. Globally, the surge is contributing to the highest food prices since 2014, according to the United Nations food agency, hitting poorer consumers particularly hard as they struggle to recover from economic shutdowns triggered by the COVID-19 pandemic. We apologize,...

By Dominique Patton BEIJING, April 22 (Reuters) - China's top pig producers are set to report a plunge in first-quarter profits from the huge gains of last year, after hog prices fell, and disease, more expensive feed and poorly performing sows further eroded earnings. The earnings declines began in the fourth quarter of 2020 and margins are still under pressure, said analysts, as companies face ongoing challenges and costs in recovering from African swine fever, which ravaged the country's hog herd in 2018 and 2019 and saw a resurgence this winter.

ChinaChina to set up regional control system for African swine fever, other diseases Reuters 2 minutes read Workers in protective suits disinfect a vehicle at a checkpoint on a road leading to a farm owned by Hebei Dawu Group where African swine fever was detected, in Xushui district of Baoding, Hebei province, China February 26, 2019. REUTERS/Hallie Gu China's agriculture ministry issued a plan on Wednesday to divide the country into five regions to be charged with greater responsibility to prevent and control African swine fever, as well as other animal diseases. The move comes after a seve...