African swine fever presents huge risk to U.S. pork producers
African swine fever remains a huge risk for U.S. pork producers.
Compeer Financial director of swine lending Kent Bang tells Brownfield keeping the disease out of North America is paramount to the industry.
“It’s really unimaginable the devastation if we would get that disease in the U.S.”
He says pork exports would be shut down immediately.
“How long would be a huge question, (and) whether they would accept regionalization in the U.S. would take time and would still be a question.”
Bang says much of the strength in the hog market is tied to good export demand, so risk management is critical as African swine fever circulates in other parts of the world.