September 14, 2020
Swine prices in Germany drop after African swine fever case
VEZG, the association of German animal farmers, said swine prices in the country dropped to EUR 1.27 / kg (~US$1.50; EUR 1 = US$1.18) a 13.6% drop, Reuters reported.
The falling prices comes after the discovery of African swine fever (ASF) in a wild boar carcass close to Germany's border to Poland.
Before ASF, swine prices were hovering at EUR 1.47 / kg (~US$1.74) slaughter weight.
China has imposed a ban on pork imports in the country, which could badly affect German pork producers while also pushing global pork prices higher as China may look to the United States, Brazil, and Spain for swine imports.