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China Will Have More Demand for Meat Due to African swine fever according to a source

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The information is from representatives of Rabobank, who met with Tereza Cristina. Increased Chinese demand could mean opportunities for Brazilian exporters

On the second day of commitments in Shanghai, China, Minister Tereza Cristina (Agriculture, Livestock and Food Supply) had breakfast on Tuesday (14) with executives from Rabobank, one of the leading banks in the world in financing services for the food and agribusiness sector.

With African swine fever catching swine herds in China, executives say there is room for importing animal proteins of all kinds, which means an opportunity for Brazilian exporters.

In 2018, Brazil exported about 915 thousand tons of beef, chicken, and pork (in natura) to the Chinese. The products are among the top five sold to the country.

Since China reported the first cases of the disease in August 2018, it is estimated that the country lost about 35% of the herd. Analyzes by the bank indicate that as many as 200 million pigs can be killed or killed because of the disease. Bank executives estimate that the Chinese will need at least five years to get the herd back to the pre-disease level.

The entire Brazilian delegation — ministry team, representatives of the agricultural sector and federal representatives — attended the meeting with the Bank’s CEO in China, Pan Chenjun, and other executives.