U.S. Meat Companies Gain From Hog Culling in China

A deadly disease sweeping China’s hog barns is reinvigorating the fortunes of U.S. meat companies. Outbreaks of African swine fever have led to the culling of millions of hogs in the world’s top pork market. That is shrinking global meat supplies—and boosting prices. The shift is a welcome one for U.S. meatpackers and farmers, whose hogs remain free of the disease, after a tough patch of low prices driven by record U.S. meat production and China’s tariffs on U.S. meat.
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