Hog futures and piglet prices in China have jumped as authorities struggled to control outbreaks of African swine fever, with virus strains and illegal vaccines prompting supply fears in the world’s biggest pork market.
Scientists said the new variants, which have left commodities traders scrambling for information, were spreading more easily than the dominant variety of the pathogen. They have also raised the risk of a more protracted disruption to supply for the largest producer and consumer of the meat.
“Obviously the markets know there’s a problem,” said Darin Friedrichs, an analyst at commodities broker StoneX Group in Shanghai.
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