As the price of pork skyrockets in China, Arlan Suderman, chief commodities economist at INTL FCStone, says pork is getting harder and harder to find at restaurants throughout the country. The potential for social unrest due to the pork shortage is a key reason why China is moving toward a trade deal, Suderman believes.
Restaurants are leaving pork on the menu, even though they don’t have it, leading to frustrated restaurant patrons. When the customer sits down to order, expecting to order pork, the restaurant then says they don’t have pork that day.
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The South African Pork Producers’ Organisation (SAPPO) coordinates industry interventions and collaboratively manages risks in the value chain to enable the sustainability and profitability of pork producers in South Africa.
