African Swine Fever in China: An Update
LAST NOVEMBER, we wrote an article (Shao et al. 2018) documenting the development of African Swine Fever (ASF) in China and its impacts on regional hog and pork prices. Since then, ASF has continued to ravage China’s hog industry with 62 new cases from November 1, 2018 to March 27, 2019, resulting in a total of 114 cases. The total inventory of hog factories with ASF outbreaks has increased from 61,214 to 319,726 (click here to see an animated map of ASF cases in China). The pace of the outbreaks has somewhat slowed down from more than 20 cases per month in November and December last year to less than 10 cases per month this year. It is possible that the number of cases is greater than that reported, in part because provinces and producers do not have the economic incentive to report. In this article, we update the impacts of ASF on China’s hog inventory, pork imports, and future soybean imports.