British pork exports help Communist China keep its people happy

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On one side of the world, vast and icy warehouses packed to the rafters with frozen pork thrum quietly away in every corner of China. On the other side of the world, a cargo ship sets off from Dover loaded with more carcasses to add to the shelves.

The ship, which will sail from Dover to Gibraltar, from Gibraltar to Suez and then across the Indian Ocean to China is one of many such vessels; so far this year, some 21,000 tons of British pork have been shipped to China, up 73pc on the previous year. Read more

Large Chinese demand to support pork prices despite Brexit

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Large Chinese import demand and stalling supplies will continue to support global pork prices throughout the third quarter of 2016, despite the current “wildcards” of Brexit and feed costs, according to Rabobank.

While warning that feed costs and the Brexit effect on currency exchange rates could “negatively impact” the projected upswing in global pork prices, Rabobank’s animal protein analyst, Albert Vernooij, said the forecast was for a further rise in the Rabobank five-nation hog price index in Q3, supporting margins across the globe. Read more

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