The US pork industry is teaming up with Alibaba Group Holding Ltd to pitch more of its products to online shoppers in China. The US Meat Export Federation, a trade association committed to developing international markets for US beef, pork and lamb, has recently worked with the group-buying website Juhuasuan and online retail platform Tmall, both operated by Alibaba, to sell US pork on the Juhuasuan website. A total of 4,000 packages of pork shoulder and pork chop, weighing about 10,000 kilograms, were on sale from April 26 to 28…Full Article: China Daily May 2016
- In late April 2016, China’s average pork price totaled CNY 26.24 [~US$4.04] per kg. A stark increase from the CNY 17.88 recorded in April 2015.
- In 2015, China comprised 9% of all US pork exports.
- From May 5 to July 4 (2016), Beijing will release 3,050 MTs of frozen pork from its reserves, including 50 MTs that will be sold daily to 121 supermarkets. Additionally, the government will provide subsidies to abattoirs, as well as to vendors (subsidy of up to CNY 9 or US$1.40 per kg sold).
- In March 2016, Beijing’s Xinfadi wholesale market noted a nearly 60% increase in pork prices versus the previous year.
- In November 2015, Tyson Foods stated they would seek to market their products via the e-commerce site Yihaodian (see Walmart). Additionally, the company stated it will continue to use third party refrigerated transportation companies when shipping its products within China.
- In October 2015, China announced it would lift a ractopamine-inspired ban on 14 American pork plants. The 14 US pork plants include eight cold storage facilities and six processing plants that do not use the banned (in China) feed additive ractopamine, a leanness enhancing drug. The original ban curtailed import of pork products from by Tyson Foods Inc and Hormel Foods Corp.
- In 2014, mainland China imported 117,145 MTs of pork meat products from the USA. At the same time, Hong Kong imported 15,733 MTs of pork meat products from the USA.
- In August 2014, China partially banned US pork imports due to the feed additive ractopamine. The ban covered six US cold storage facilities and six US processing plants including those from Tyson Foods (3 plants), Hormel Foods (1 plant), Triumph Foods (1 plant), and Quality Pork Processors (1 plant).
- In February 2013, China announced they wanted third party verification that US pork imports did not contain ractopamine.
- In March 2010, Taobao (see Alibaba Group) launched Juhuasuan, an e-commerce site that sells a diverse set of consumables (e.g. clothing, food, appliances, etc.)
- In 2009, China banned agricultural imports of ractopamine products.