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China’s feed demand downturn not as severe as expected
China’s feed demand and consumption are down because of African
Swine Fever, but USDA’s Foreign Agricultural Service says the reduction is not
as dramatic as what was expected. The disease, first detected in August of 2018,
reduced China’s hog herd by about half, but the forecast for feed demand this
marketing year is down by only one percent, or five million tons. Losses are
offset by increased feed demand for expanded production of poultry, eggs, and fish.
November marked China’s first uptick in sow inventory since April 2018,
according to that country’s Ministry of Agriculture and Rural Affairs. That
agency predicts China’s pork production will begin recovery in the first half
of this year. Supply, it says, will start to recover in the second half.
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