The influence of global trade is more apparent now in the pig industry than ever before. As industry experts try to gauge the full impact and extent of the African swine fever (ASF) on Chinese sow numbers, pigmeat scarcity continues to bite. The latest twist in the market has been the effect of the coronavirus outbreak on Chinese consumption.
Experts suggest that pigmeat scarcity has yet to reach its lowest point. The upside for Irish pig farmers and the industry surrounding it, is that the price of pigmeat has increased substantially on Irish pig farms.