Source: Garth Theunissen, Business Insider SA, 27 October 2020, photo credit: Meridian Meats
Pork rib prices in South Africa could spike as much as 40% over the next few weeks as an outbreak of African swine fever (ASF) in Germany, Europe’s biggest pork producer, constrains global supplies of the popular pork cut. Germany accounts for 61% of South Africa’s pork rib imports.
Germany accounts for 61% of South Africa’s pork rib imports.
The country first detected ASF in wild boar populations on 10 September, prompting China, Japan and South Korea to ban pork imports from that country in the same month. South Africa’s Department of Agriculture, Land Reform and Rural Development (DALRRD) communicated its own trade restrictions on raw pork imports from Germany on 14 September, forcing local importers to source pork from other countries that can now charge higher prices knowing that supplies from Germany are restricted.
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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.
