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Hong Kong authorities ordered the culling of all 3,000 pigs in a herd after the African swine fever virus was discovered to be spreading for the first time in one of the city's farms.
2 Min Read SAO PAULO (Reuters) - Brazil’s third-largest meat processor, Cooperativa Central Aurora Alimentos, plans to expand chicken processing and maintain the size of pork operations as it seeks to boost sales to markets such as China, its chief executive said on Wednesday. CEO Neivor Canton said in an interview with Reuters that Aurora, a privately held company competing with Brazil-based heavyweights JBS SA and BRF SA, wants to expand its poultry capacity by 20% in two years and will invest 500 million reais ($93 million) in 2021 to achieve that goal. Aurora processes about 6,000 tonne...
By Reuters Staff 2 Min Read MANILA, Feb 9 (Reuters) - The Philippines plans to increase pork imports this year to roughly 400,000 tonnes, more than double the initial proposal, as it seeks to cover a domestic shortfall that has pushed market prices higher, its farm minister said on Tuesday. A government advisory panel has endorsed the import volume for approval, which is much higher than the 162,000 tonnes planned earlier, Agriculture Secretary William Dar said in a briefing. The Southeast Asian country, among the world’s biggest pork importers, is under increasing pressure to boost supply ...
(Adds details and comments on stock market) BEIJING, Feb 8 (Reuters) - China’s most-active hog futures contract surged more than 4% on Monday and shares of the country’s biggest pig producer rallied after recent reports highlighted severe disease outbreaks in the world’s largest pig herd. The reports fuelled investor concerns about pig supply and bets that prices will rise. The hog futures contract closed 4.08% firmer at 26,900 yuan ($4,166.15) per tonne, its highest since trading on the Dalian Commodity Exchange launched last month. Shares in the country’s top pig breeder Muyuan Food...
China's pork output fell in 2020, but recovered sharply from the year before as government support and industry investment helped revive a sector ravaged by disease in 2019, official data showed on Monday.