Results 1 to 11 of 11

Thread: Bacon Blight

  1. #1
    Thailand Expat tomcat's Avatar
    Join Date
    Nov 2005
    Last Online
    @
    Posts
    10,529

    Bacon Blight

    China’s Pig Crisis Is Pushing Up Bacon Prices Worldwide

    By Jason Gale
    October 20, 2019, 5:00 AM GMT+7




    • African swine fever will wipe out hundreds of millions of pigs
    • Global pig-meat index is headed for steepest jump in 15 years



    Photographer: adogslifephoto/iStockphotoLISTEN TO ARTICLE

    Bringing home the bacon will cost more. Blame African swine fever.

    The deadly pig disease is wiping out hundreds of millions of hogs, mostly in China, driving a global surge in pork and bacon prices from Auckland to Vancouver. In Europe, swine carcasses have soared 31% and piglets 56% in the past year. Pig-meat is poised for the steepest jump since mad cow disease and bird flu outbreaks in 2004 led consumers to eat more pork, according to an index compiled by the Food and Agriculture Organization of the United Nations in Rome.

    Pork is heading for the steepest annual increase in 15 years

    “It doesn’t matter where you are in the world at the moment, pork prices are up,” said Justin Sherrard, Rabobank’s Utrecht-based global animal-protein strategist, in a telephone interview. “China is the market to focus on. Firstly, because it’s big and, secondly, because this is really the first place that African swine fever started to hit.”

    https://www.bloomberg.com/news/artic...ices-worldwide



    Last edited by tomcat; 20-10-2019 at 06:43 AM.
    Majestically enthroned amid the vulgar herd

  2. #2
    lob
    lob is offline
    Thailand Expat
    lob's Avatar
    Join Date
    Mar 2009
    Last Online
    Yesterday @ 12:30 PM
    Posts
    2,039
    yes is supposed to go up. but in the market the other day, pork 110 bt. cheaper than ive seen it in yrs. very odd.

  3. #3
    Days Work Done! Norton's Avatar
    Join Date
    Oct 2007
    Last Online
    @
    Location
    Roiet
    Posts
    30,453
    Quote Originally Posted by tomcat View Post
    “It doesn’t matter where you are in the world at the moment, pork prices are up,”
    Our local pig farmers have yet to get this news. As lob notes, still very cheap.

  4. #4
    Thailand Expat
    kmart's Avatar
    Join Date
    Dec 2008
    Last Online
    Yesterday @ 04:37 PM
    Location
    Rayong.
    Posts
    10,920
    Quote Originally Posted by lob View Post
    yes is supposed to go up. but in the market the other day, pork 110 bt. cheaper than ive seen it in yrs. very odd.
    Selling off infected stock.?

  5. #5
    En route
    Cujo's Avatar
    Join Date
    Jan 2006
    Last Online
    Yesterday @ 05:44 PM
    Location
    Reality.
    Posts
    28,639
    Here it's double the price it was a couple of months ago.

  6. #6
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 01:19 AM
    Location
    Where troubles melt like lemon drops
    Posts
    18,094
    Quote Originally Posted by Norton View Post
    Our local pig farmers have yet to get this news.
    Who do they sell too, the local mafia, Bangkok buyers or international buyers?

  7. #7
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 01:19 AM
    Location
    Where troubles melt like lemon drops
    Posts
    18,094
    Quote Originally Posted by kmart View Post
    Selling off infected stock.?
    I don't know the selling chain but a friend of my wife had an brilliant plan.

    Allegedly 70thb a kg live weight at 100kg. She bought some female pigs, spent money on building/renovating her farm. She sold them for 40THB ish. her again pregnant sows.

    The feed cost/Kg gain is very tight at the best of times, unless you have hundreds of pigs. This was a few months ago when there were news reports of the ASF in northern Thailand.

    Another dream shattered.
    A tray full of GOLD is not worth a moment in time.

  8. #8
    Days Work Done! Norton's Avatar
    Join Date
    Oct 2007
    Last Online
    @
    Location
    Roiet
    Posts
    30,453
    Quote Originally Posted by OhOh View Post
    Who do they sell too, the local mafia, Bangkok buyers or international buyers?
    They are small. Sell to locals only. Same with beef, eggs and chicken. Some sell to market in ampur as well.

  9. #9
    Days Work Done! Norton's Avatar
    Join Date
    Oct 2007
    Last Online
    @
    Location
    Roiet
    Posts
    30,453
    Quote Originally Posted by OhOh View Post
    She bought some female pigs, spent money on building/renovating her farm
    Sabang had same type thing with his wife. Thread on it somewhere here.

  10. #10
    Thailand Expat
    bsnub's Avatar
    Join Date
    Jun 2009
    Last Online
    @
    Posts
    19,179
    Quote Originally Posted by Norton View Post
    Sabang
    A great poster and Ex mod. I wish he was around more.

  11. #11
    Thailand Expat
    Mandaloopy's Avatar
    Join Date
    Feb 2017
    Last Online
    Yesterday @ 07:33 PM
    Location
    ᠮᠣᠩᠭᠣᠯ ᠤᠯᠤᠰ
    Posts
    2,229
    Bacon is overrated, lamb skewers with decent chunks of tail fat is where it's at!

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •