Meat from Europe, a campaign dedicated to the promotion of European meat and meat products, has released the following outlook for the coming year:
“In 2020, trends which began taking shape two years ago are likely to continue, but less dynamically than in 2019[1]. Changes in the global market are continuing to be affected by the spread of African Swine Fever in China, the largest producer and consumer of pork in the world. The USDA predicts a drop in production in China of as much as 25%[2] compared to 2018[3]. The occurrence of ASF in China has impacted red meat prices worldwide, including in the EU and USA.