“An Estimated 150-200 Million Pigs” Have Been Hit By A Global Plague Of Biblical Proportions
“An Estimated 150-200 Million Pigs” Have Been Hit By A Global Plague Of Biblical Proportions by Michael Snyder for The Economic Collapse Blog
African Swine Fever is the greatest threat to global food production that we have seen since World War II ended. As you will see below, the disease has now spread “to every province in mainland China”, and it has now infected “an estimated 150-200 million pigs”. To put that number in perspective, that is more pigs than the entire U.S. pork industry produces in an entire year. In other words, the equivalent of the entire U.S. pork industry has just been wiped out. On top of that, African Swine Fever has also spread to Cambodia, Tibet, Romania, South Africa and Vietnam. The losses are staggering, and this crisis continues to get worse with each passing week.
Earlier today I came across a Canadian news article entitled “Why bacon could get a lot more expensive”, and in that article a Canadian expert claimed that there are “tens of millions of pigs who have disappeared” in China…
“The meat of choice in China is pig and disease has been devastating for them,” Friendship said. “They have lost a lot of pigs and they will be doing lots of culling.”
He noted that although official figures from China suggest the outbreak’s effect have been minimal, experts estimate that “we’re dealing with tens of millions of pigs who have disappeared.”
Friendship estimated the decrease in pigs is roughly the equivalent of what Canada and the U.S. produce combined. And this lack has created a vacuum.
That claim is consistent with the information that I put into an article about this crisis a few weeks ago, but I decided to go hunting for some even newer numbers.
So eventually I ended up over at PorkBusiness.com, and according to them African Swine Fever “is now affecting an estimated 150-200 million pigs” in China…
Production losses from African swine fever (ASF) have eclipsed initial estimates, Rabobank said on Thursday. In 2019, Rabobank expects Chinese pork production losses of 25% to 35%, creating new challenges and opportunities for animal protein exporters.
“African Swine Fever has spread to every province in mainland China and is now affecting an estimated 150-200 million pigs,” said Christine McCracken, RaboResearch animal protein analyst. “The expected 30% loss in pork production is unprecedented. These losses cannot easily be replaced by other proteins like chicken, duck and seafood, nor will larger pork imports be able to fully offset the loss.”
When I use the term “plague”, I am not using it lightly. I have never heard of a single disease wiping out this many farm animals before.
We are potentially talking about an absolutely crippling blow to the global food supply.
And pork prices are already starting to skyrocket. The following comes from the same Canadian article that I mentioned earlier…
At the beginning of 2019, Canadian farmers earned $150 for every pig shipped to market but now they’re making between $220 to $225, he said.
Since first being detected on a small hog farm in northern China last August, African Swine Fever has spread like wildfire, but so far it hasn’t reached the United States.