Bad news for carnivores: the price of ham, bacon, pork and lamb will rise after the outbreak of pig viruses and record prices for sheep auction
- A huge outbreak of swine flu has decimated the Asian pig population
- China and Vietnam brought 3.4 million sheep after the outbreak of African swine flu
- The culling has led to a worldwide shortage of pork, redirecting imports
- Coupled with the drought in Australia, pork prices will rise
A large number of factors together led to a worldwide peak in the price of ham and lamb – including an outbreak of African Mexican flu in Asia.
Drought, higher production costs and the outbreak of swine flu in Africa will cause the prices of ham to rise in Australia and beyond.
The virus outbreak resulted in an enormous amount of pigs in China, the world's largest producer of pork, as farmers had to kill 1.7 million pigs across the country.
Meanwhile, pig farmers in Vietnam were forced to abolish nearly five percent of the total pig population, 1.7 million.
A large number of factors together led to a worldwide peak in the price of ham and lamb, including an outbreak of African Mexican flu in Asia
Although not directly affecting public health or food safety, the disease is highly infectious and terminal for pigs, posing a significant threat to the entire industry.
The Australian pig population has already received a huge blow as a result of the continuing drought, with many farmers leaving their farms.
Australian pork prices had already seen a peak of somewhere between 10 and 15 percent due to the drying time.
Combined with the outbreak abroad, extra pressure was exerted on the pork market and experts said a price increase would be inevitable.
Pork South Australia chair and farmer Mark McLean told news.com.au consumers had to brace themselves for a price shock when paying.
& # 39; Less pork will be delivered at national level, so prices are rising, and so have they in the last four months, but the international situation is another factor affecting African swine fever that changes global pork stocks & # 39; , he told the publication.
Imported pork to Australia comes mainly from the United States and Denmark, but due to the large shortages in Asia, these import figures will decrease because pork is diverted.
One of the silver liners for the pork shortage will be for the farmers who will earn back part of their lost income with improved prices on their side.
The outbreak of African Mexican flu in Asia has resulted in the culling of 3.4 million pigs in China and Vietnam combined, which has had a major impact on the global pork market.
Already in January, officials from the Ministry of Agriculture and Water Resources seized pork that came from China and had traces of African Mexican flu.
In the meantime, consumers can also expect a huge peak in the cost of lamb at the counter when global demand and a herd thinning drive up auction prices.
& # 39; A low Australian dollar continues to support Australian exports and in turn the prices of domestic sales, & # 39; said a statement from Meat and Livestock Australia.
& # 39; Records were broken in 2018 because markets around the world competed strongly for Australia's high-quality mutton. The expectation that supply, and hence exports, will decrease in both Australia and New Zealand is likely to intensify global competition for sheepmeat in 2019. & # 39;
On Wednesday, sheep and lamb prices reached record highs on the Horsham Regional Livestock Exchange, The Wimmera Mail Times reported.
Lambs were sold for a whopping $ 325 per head, a record, and only got a lowest price of $ 110 per person.
Rodwell's Wimmera regional manager Wayne Driscoll told the publication that the prices & # 39; of the charts & # 39; goods.
& # 39; We had good results in the spring last year, but this is the best we've seen in a long time & he said the publication.
& # 39; They were very good lambs and it simply shows the power of the market. & # 39;
The message from producers to consumers was to get out and show their support by buying meat wherever possible.
Persistent drought in parts of Australia has also resulted in record prices for sheep being paid at auction, as stock levels are declining but demand remains the same
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