China

China’s pork imports collapse in April

The two charts reproduced in this Blog are not comfortable viewing for Western pigmeat exporters.  Certainly, if the patterns shown here are repeated over the summer then Continue reading

China’s pigmeat imports in 2017

The January issue of Whole Hog Brief presents a view and forecast of China’s pigmeat imports in 2016 and 2017. This Blog presents the short version of that article. Continue reading

Rabobank retreats from its China forecast

In July this year the Rabobank published its view of where global pork prices were going in the second half of 2015. It was entitled, “China’s Shrinking Hog Herd to Ignite Global Pork Trade” and it centred on the apparently huge reduction in the Chinese pig breeding herd. From this observed “fact” Rabobank predicted that Continue reading

China’s latest export – panic

If you have been on holiday this week on a sun-kissed, internet-free tropical island you may not have noticed that the news coming out of China has not been good. Indeed, it has been a wake up call for those observers who have not paid close attention to the various statistics that the Chinese economy offers as a measure of its activity. There may be some lessons in this for the global pig industry. Continue reading

Hogmageddon in the autumn?

The US hog price has behaved like the proverbial dead cat in the last few months. It was falling and then it bounced – and now it’s back on the floor, twitching. I fear this may portend a very weak global hog price in the autumn. Indeed, we may finally get “hogmageddon”. This contrasts with Continue reading

What – no growth in Chinese pork imports?

The CEOs of pork processors and farmer organizations are fond of saying that there are big opportunities for pigmeat exporters to China. But do the numbers support this claim? No, they don’t Continue reading

Not Yum Yum but Yuk Yuk!

The latest food scare in China is a surprise to some but not to those who work on the factory floor in the industry. Worse, even without visiting these factories the scandal at Shanghai Husi Food  was predictable and the shiny suited execs in their offices in Shanghai. Hong Kong and Illinois (Reuters reports that Shanghai Husi is owned by the OSI Group Inc., a global food processor based in Aurora, Illinois) should have been thinking harder about what could go wrong. Why do I say this? Continue reading

Smithfield and Shuanghui create a Chinese puzzle

The announcement of the takeover bid for Smithfield Foods by the Chinese company Shuanghui caught some observers by surprise. But the tendency for cash-rich Chinese companies and investors to purchase productive assets, brands and know-how in the west should have been expected to spread to the food and drink sector: especially when the Chinese food sector is growing at double digit rates along with the demand for “safe, quality” food products. In the June issue of Whole Hog we devote two pages to considering Continue reading