Swine fever and trade war wreak havoc on China's pork supply

Europe sees demand rise as Chinese buyers cancel order for 3,000 tons of US meat

20190521 China Pig Plague

A pig farm in northern China's Hebei Province: Global pork prices have jumped by up to 40% as China struggles to stamp out African swine fever. © AP

NIKKI SUN, Nikkei staff writer, and JENS KASTNER, Contributing writer

HONG KONG/DAMME, Germany -- African swine fever and escalating trade tensions are squeezing pork supplies in China and raising concerns that shortages will lead to painful price hikes for consumers in the world's largest pork consumer.

Chinese buyers canceled orders for 3,247 tons of U.S. pork earlier this month, data from the U.S. Department of Agriculture released last week shows, the same week that President Donald Trump ratcheted up the trade war with fresh tariffs on Chinese goods.

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