Reports have suggested that global pork supply chains could be suffering from the African swine fever outbreak for several years.
Due to the outbreak, prices of the meat goods are likely to rise after tens of millions of infected pigs were rejected by China. This knock-on effect could influence not only trade, but the consumer.
Chief Executive of Tyson Foods Inc., Noel White, claims that the effect of the disease may threat global meat supplies to be cut by 5% during a time where protein consumption is on the rise.
However, the silver lining is that this is positive for meat companies similar to Tyson Foods, as it is likely to add to instability for the meat market for giant chains that are overshadowing smaller meat suppliers.
