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African Swine Fever unlikely to be an aporkalyptic event for hog futures

非洲猪瘟并不意味着未来肉猪市场的末日

关键词:
来源:
MATERIALS RISK
类型:
前沿资讯
语种:
英语
原文发布日期:
2019-07-09
摘要:
According to the Chinese Zodiac, 2019 is the Year of the Pig. This year has certainly lived up to its name. The discovery and subsequent outbreaks of the African Swine Fever (ASF) virus in China in August 2018 sent shockwaves through the hog market. ASF is a highly contagious virus that ravages hog herds and currently has no cure. The price of US hog futures surged by 67% during March-April as the scale of the potential losses became clearer. Since then though prices have retraced 50% of the earlier spike higher, falling back to around 70 cents per lb.
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