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China’s pig disease outbreak pushes up global pork prices

  BEIJING - Hong Kong retiree Lee Wai-man loves pork fresh from the market but eats a lot less now that the price has jumped 40 percent as China's struggle with outbreaks of a deadly swine disease sends shockwaves through global meat markets.   China produces and consumes two-thirds of the world's pork, but output is plunging as Beijing destroys herds and blocks shipments to stop African swine fever.   Importers are filling the gap by buying pork as far away as Europe, boosting prices and causing shortages in other markets.   "I'm a fresh-pork lover, but it's too expensive," Lee, 87, said as she shopped at a Hong Kong market.   &nbs...

Keep on reading: China’s pig disease outbreak pushes up global pork prices

from INQUIRER.net http://bit.ly/2wexYqV

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