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North Central IL | Interesting, and your assessment may be correct if we assume all other uses of meal stayed the same.
Question, did they increase production either poultry or fish. A reasonable assumption would be they increased both Poultry and Fish.
Both Poultry and Fish are more soybean meal intensive than Pork.
If they did increase Poultry and Fish production will those industries back off as pork production recovers?
I believe it is reasonable to think pork production will eventually displace both Poultry and Fish, as pork is more of a staple in the Chinese diet.
However, there is still no vaccine for African Swine Fever (ASF), and Chinese pork producers are still battling the virus slowing growth of the Chinese swine herd.
What does that mean for soybean or soybean meal exports? Anybody's guess, and it depends who has the cheapest price. | |
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China and the swine flu
