Avian influenza means China will consume pork and fish
The outbreak of avian influenza in China may increase the demand among Chinese consumers for pork and fish and reduce the demand for poultry meat, says the United States Grain Council (USGC). "There are signs that people may be substituting poultry for pork," said the director of the USGC in China, in a report.
The price of pork has fallen in recent weeks, but this has been attributed to increased supply after growth in pig slaughter, say traders. The price of fish is rising, an indication that consumers may be substituting poultry for fish, says the USGC report. Whether or not this will affect the demand for feed will depend on the duration and geographical extent of the outbreak of avian influenza, said the council.
Information provided by Dow Jones