China Hog Prices Hit 14-Month High as African Swine Fever Slashes Output

China Hog Prices Hit 14-Month High as African Swine Fever Slashes Output
Pigs are seen at a family farm in Fuyang, Anhui Province, China on Dec. 5, 2018. Reuters
Reuters
Updated:

BEIJING—Chinese hog prices marched to their highest in 14 months on March 11 and look set to keep rising after weeks of gains, analysts and producers said, as the worst disease outbreak to hit the country’s vast pig herd in years impacts supply.

China is the world’s largest producer and consumer of pork.