Friday, April 3, 2020

CCP Virus Devastated China’s Poultry Industry

Must Read

China Factory Activity Unexpectedly Expands, but Economy Cannot Shake Off Virus Shock

BEIJING—Factory activity in China unexpectedly expanded in March from a collapse the month before, but analysts caution that...

Can we stop the protectionist wave?

Author: Gary Clyde Hufbauer and Euijin Jung, PIIE Globalisation was under threat even before the pandemic. US President Donald Trump...

Looking beyond Tsai’s big election win

Author: Gerrit van der Wees, George Mason University and George Washington University President Tsai Ing-wen and her Democratic Progressive Party’s...

Chinese banks brace for bad debt blowout as coronavirus pande…

Three leading Chinese state-owned banks reported that their non-performing loan ratios had stayed largely stable in 2019 even as...

CCP Virus Devastated China’s Poultry Industry

News Analysis China’s lockdowns, strict quarantines and travel restrictions on hundreds of millions of its citizens to contain the...

News Analysis

China’s lockdowns, strict quarantines and travel restrictions on hundreds of millions of its citizens to contain the spread of the CCP virus has devastated domestic chicken production.

The Epoch Times refers to the novel coronavirus, which causes the disease COVID-19, as the CCP (Chinese Communist Party) virus because the CCP’s coverup and mismanagement allowed the virus to spread throughout China and create a global pandemic.

With outbreaks of African swine fever (ASF) since August 2018, which resulted in death or government culling of half of China’s 440 million pig population, domestic chicken consumption was expected to hit 15.96 million metric tons.

Domestic chicken production was forecast to jump from 13.8 million metric tons in 2019 to a record 15.8 million tons in 2020, according to an Aug. 14 report by the USDA Foreign Agricultural Service. With domestic production unable to meet booming demand due to capacity limitations and environmental restrictions, the USDA predicted that China would be forced to lift its bans on chicken product imports.

But four of China’s most important chicken producing provinces, including Hubei that was the epicenter of the outbreak, were issued lockdown orders starting in mid-January. Numerous highways were closed, and railways were shut down.

The Hubei Poultry Association wrote a letter to the China Animal Agriculture Association (CAAA) in late January, saying that its members were “very distressed” due to a lack of poultry feed supplies. The CAAA responded by issuing orders for 18,000 tons of corn and 12,000 tons of soybean meal to be delivered to Hubei.

According to the state-owned media outlet Global Times, Hubei had a population of approximately 348 million live chickens, and annually produced over 532 million marketable chickens before the CCP virus outbreak. As China’s sixth largest poultry producing province, Hubei was also an important egg producer.

But with transportation at a standstill in early February, the Poultry Association implored agricultural officials that without feed…

Source link

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

China Factory Activity Unexpectedly Expands, but Economy Cannot Shake Off Virus Shock

BEIJING—Factory activity in China unexpectedly expanded in March from a collapse the month before, but analysts caution that...

Can we stop the protectionist wave?

Author: Gary Clyde Hufbauer and Euijin Jung, PIIE Globalisation was under threat even before the pandemic. US President Donald Trump set the tone by declaring...

Looking beyond Tsai’s big election win

Author: Gerrit van der Wees, George Mason University and George Washington University President Tsai Ing-wen and her Democratic Progressive Party’s (DPP) momentous election victory on...

Chinese banks brace for bad debt blowout as coronavirus pande…

Three leading Chinese state-owned banks reported that their non-performing loan ratios had stayed largely stable in 2019 even as the economy slowed amid a...

CCP Virus Devastated China’s Poultry Industry

News Analysis China’s lockdowns, strict quarantines and travel restrictions on hundreds of millions of its citizens to contain the spread of the CCP virus...

More Articles Like This

- Advertisement -
Thailand Business News