The Global Livestock Report

China is likely to stick to its current annual economic growth target of around 5% next year, government advisers and analysts said, a goal that would require authorities to keep fiscal and monetary spigots open as they seek to snap a deflationary spell.

Beef export volumes to China remained high in November, although they were below the peaks of more than 290 thousand tons that departed from the various origins in September and October.

In November, the FAO Meat Price Index fell to 124.6 points, down 1 point (-0.8%) from October. It remains 4.9% above its November 2024 level (5.8 points).

The monthly decline continued to be driven by lower pork and poultry prices, while beef quotations remained mostly steady and sheepmeat prices increased.

Around 30,000 pigs located in 39 farms within the 20 km surveillance zone around the ASF outbreak will be culled next week, according to agricultural and livestock organizations in Catalonia following a meeting with the regional government.

Spain is investigating whether a recent African swine fever (ASF) outbreak in Barcelona could have originated from a laboratory leak, the Ministry of Agriculture said Friday, according to Reuters.

US beef import prices were sharply lower compared to the last market test.