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Global poultry trade affected by Coronavirus

28 Feb 2020

• 28 Feb 11:09

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Analysts believe China’s supply of poultry and egg products are likely to be affected over the next 6 months due to the ongoing battle against Coronavirus. Poultry prices have fallen sharply in recent weeks with restrictions placed on moving birds and factories closing for extended periods, effectively paralysing the supply chain. Transport disruption and labour shortages have also led to thousands of containers of frozen chicken, pork and beef piling up at some of China’s major ports. Coronavirus is a substantial blow to the Chinese agricultural economy. Poultry production had rise by 12% last year to 22.39m tonnes, due to farmers plugging the gap in. Read more...