KEY POINTS
  • The African swine fever disease has spread beyond China, the world’s biggest producer of pork. It has hit Southeast Asia and parts of Europe.
  • That will drive up global pork prices, experts say. In China, prices could jump roughly 78% by 2020 — according to a prediction by Japanese bank Nomura, on top of a surge of nearly 40% from a low in May 2018.
  • Prices of other meat could also rise as available global protein supplies get redirected to China, which consumes about 28% of the world’s meat

GP Pig eating in China 180202