China’s soybean and soymeal futures fell in early trade on Monday [27 August 2018], hit by concerns that outbreaks of African swine fever in China may reduce demand for feed, along with forecasts for a record US crop. China’s soybean futures fell 1.7 percent to 3,594 yuan ($522.84) per ton, their lowest levels in almost 10 years…Full Article: The Global Times Aug 2018
- As of 27 August 2018, China had culled more than 25,000 pigs due to African swine fever.
- As of 22 August 2018, China had culled 20,000 pigs, of which roughly 15,000 were in Lianyungang, Jiangsu Province.
- On 17 August 2018, ASFV was detected in Yueqing, Wenzhou, Zhejiang Province. A total of 430 pigs were infected, with 340 deaths.
- On 15 August 2018, ASFV was detected in Haizhou District, Lianyungang, Jiangsu Province. A total of 615 pigs were infected, with 88 deaths.
- On 14 August 2018, ASFV was detected in a Zhengzhou slaughterhouse owned by WH Group (HKG:0288), one of China’s leading pork processors and parent company of Smithfield Foods (U.S. pork producer and processor). Roughly 30 pigs out of a group of 260 died from the disease at the slaughterhouse. The infected pigs were initially procured from Tangyuan County, Jiamusi city, Heilongjiang Province.
- On 1 August 2018, African swine fever virus (ASFV) was detected for the first time in China on a pig farm in Shenbei New District, northern Shenyang, Liaoning Province. In total, 47 pigs died of the disease while and additional 8,116 pigs were culled in Shenyang.
- African swine fever virus (ASFV) is a highly contagious disease of pigs that has a near 100% mortality rate. The disease was first reported in Kenya in 1921 and was introduced to the Caucasus region when it spread to Georgia in mid-2007. Since this introduction, ASFV has spread to Armenia, Azerbaijan, Iran, and Russia. From 2007 to 2017, Russia reported more than 1,000 ASFV outbreaks that resulted in approximately 800,000 pigs being killed. From March to October 2017, there were outbreaks of ASFV in Siberia, causing concern that the disease could spread to China. In August 2018, the FAO noted that ASFV strain detected in China was “similar” to the strain detected in Russia in 2017.
Hong Kong Trends