The Atlanta Journal-Constitution
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The U.S. Department of Agriculture expects China’s pork imports to soar 41% this year over 2018 to 2.2 million tons. There’s no immediate end in sight as “evidence mounts that China will be unable to eradicate ASF in the near-term,” it said in a recent report.
This year’s Chinese pork output might fall by up to 35%, according to Rabobank, a Dutch bank.
Global supplies will be “redirected to China,” the bank’s researchers said in an April report. It said the “unprecedented shift” in trade will likely cause shortages in other markets.