BEIJING - China’s agriculture ministry on Sunday reported a new African swine fever outbreak in the northwestern region of Ningxia. The outbreak occurred on a farm with 57 live pigs in Yongning county, infecting pigs and killing 13, the Ministry of Agriculture and Rural Affairs said in a statement.
This was a small farm, Dewey, but a lot of farms in China are small and their bio-security is not very good. China may be in their liquidation phase of their "Hog Cycle" because their producers are running scared so they are selling breeding stock and not replacing them out of fear of the disease. This liquidation and government restrictions on hog movement may depress hog prices in the near-term but longer-term it could result in huge shortages of pork. The pop in hog prices Friday was really welcome news here!