China’s Hog Industry Hit by African Swine Fever

The video discusses the decline in Chinese pork production due to an outbreak, leading to a significant impact on global markets and prices. The outbreak has spread across China and neighboring countries, causing a shift in consumer behavior towards other meats. The situation is exacerbated by trade tensions with the US, affecting import capabilities. Containment is challenging due to the structure of Chinese farms, and recovery is expected to take several years.

What percentage drop in pork production is predicted for China due to African swine fever?

• 10%

• 20%

• 40%

• 30%

How have pork prices been affected in Chicago due to the situation in China?

• They have increased by 50%

• They have increased by 20%

• They have remained stable

• They have decreased by 10%

What is one of the main challenges China faces in controlling African swine fever?

• Excessive pork imports

• Dominance of small farms with poor biosecurity

• High biosecurity measures

• Lack of demand for pork

Which other meats are Chinese consumers turning to as a result of the pork shortage?

• Tofu and soy products

• Chicken and eggs

• Beef and lamb

• Fish and seafood

How long might it take for China to rebuild its pork industry according to some predictions?

• 1-2 years

• 3-4 years

• 8-10 years

• 5-7 years