Structural change is coming to the flow of animal proteins throughout the world as countries in Europe and Asia struggle to mitigate the impacts of African Swine Fever (ASF) on swine herds and pork production, a new report by Rabobank reveals.
It will take at least five years for the worst-affected countries to rebuild swine herds and for pork production to recover in those countries, Justin Sherrard, global strategist – Animal Protein, RaboResearch Food & Agribusiness, said in “African Swine Fever: A Global Update.” The situation in China has worsened. Rabobank expects production losses of 25 percent in China in 2019 and losses of 15 percent to 20 percent in Vietnam. Herd loss is forecast at 50 percent for the whole year.