(IARN) — When you think about African Swine Fever (ASF), you probably don’t think about what impact it is having on beef. That’s right, I said beef. The fact of the matter is that ASF has caused and is causing a chain reaction throughout the global meat markets. It is affecting everything, including that drive-thru cheeseburger you just had.
Don Close is with Rabo AgriFinance. He talks about this chain reaction ASF is having on beef in a broader overview.
Close says estimates are that 55% of the Chinese pork breeding herd has been lost to ASF. Close says we can expect probably another 10-15% in 2020. So, while it appears to be slowing, the damage is still being done.
For more information, including audio with Don Close of Rabo AgriFinance, visit the iowaagribusinessradionetwork
Story and image courtesy of the Iowa Agribusiness Radio Network.