China cuts tariffs on u.s. pork

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Recently Chinese provinces were allowed to use their frozen pork stocks, a strategy adopted to mitigate the effects of rising local prices. As US tariffs fall, it is quite possible that substantial volumes of pork are traded to the Asian country. This condition may influence Brazilian shipments of other animal proteins for the remainder of the year. The positive point is that there is no news about chicken, with an embargo imposed by China on US chicken that has been in force since mid-2015.

The disease is rapidly advancing across Asia, with reports of outbreaks in South Korea and the Philippines. On the border with Russia there were also reports of the disease. In Vietnam losses already exceed more than 4.7 million animals. The ASF progress is also noticeable in eastern Europe, with a clear concern of the European bloc over preventing the disease from reaching Germany, France and Spain, the main pork producers of the continent. Under these conditions, it is safe to believe that China will continue very active in imports in the coming few years, still acting quite effectively in the Brazilian market.