Humans can’t be infected, but pig populations can be wiped out from African swine fever, known as ASF.
According to a report at Bloomberg, the disease is sweeping through Asia and parts of Europe. So far, American pork producers have seen a boon.
Chicago hog futures for June delivery have surged more than 30% since Aug. 1. Shares of Brazil’s meat giant JBS SA more than doubled in that time. Increased shipments to China could make domestic supplies more expensive. Earlier this month, China made its biggest-ever purchase of American pork.
Read the full report at Bloomberg.
