Agriculture News

Brazil to Benefit in Recent US-China Trade War, As Pork Trade Increases

Brazil to Benefit in Recent US-China Trade War, As Pork Trade Increases

The combination of the African Swine Fever, which generated the slaughter of almost 200 million hogs in China, and the trade war waged between the U.S. and China benefits Brazil in some ways.

The South American country has exported not simply extra corn, because of the Chinese retaliatory measures towards the U.S., but additional hogs.

In the last six months of 2019, Brazil has exported 346.600 tons of swine or $699.7 million worth, according to knowledge from the Brazilian Affiliation of Animal Protein (ABPA, brief in Portuguese) says. The quality is 23.4% larger than the same interval of last year, whereas the volume is 24.5% above the first six months of 2015.

In April alone, it was the most significant volume of Brazilian swine exports since 1997, when these statistics started to be accounted for.

For ABPA, there will be new growth during the second half of the year as a result of the influence of the African Swine Fever will favor costs in Brazil even more than in the first half of 2019.

In Brazil, swine production is concentrated in the three southern states. Sometimes, hog farmers are integrated with a coop, receiving the piglet, the meal, vaccines, and technical help from purchasers.

However, pork isn’t the one meat that the Chinese have bought from Brazil. Additionally, beef and poultry exports are up.

In the case of beef exports, Brazil has seen a rise of over 50%, also pushed by Russian demand.

The Brazilian government has worked to permit 50 more processing facilities of pork and poultry production to export to China.

About the author

Marion Hartnett

Marion Hartnett

Marion is leading of the agriculture column. He has a vast knowledge about the agrarian economy of the world and knows a lot about the processing industry. This hands-on experience of him has enhanced the quality of his articles, and hence, it enables a better ripple in the readers’ mind. He focuses in his work every time he is assigned a project, and his depth of concentration is immovable.