Coronavirus Impacts Chinese Animal Protein Markets

Coronavirus (or Covid-19) outbreaks have had a sudden and unexpected impact on Chinese people’s lives and China’s economy.

Summary

- The animal protein market is being impacted on all fronts – production, distribution, consumption and trade for all species – with some impacts felt in the short term and others more long term.

- While it is difficult to predict the extent of the impact, because things are evolving quickly, we present the most important impacts below, based on the information available to date.

- Yellow-feathered broiler is likely to be hit the hardest, while pork is the least-affected protein.

- The situation remains fluid, and we are closely monitoring the developments. We will provide updates where appropriate.