ASF Prevention Problems

Researchers struggle to find new ways to combat African Swine Fever. According to Brownfield Ag News, several studies indicate the virus can survive up to 30 days in feed, and in some cases up to 2 months in soybean meal. Experts say proper prevention programs can help producers keep their herds healthy.

ASF has yet to inflate U.S. prices, and the result is an industry analyst lowering the earnings estimate for Hormel Foods in the third quarter. ‘Stephens INC. predicts any protein inflation for U.S. producers has shifted to the 2020 fiscal year. Hormel had increased prices to offset inflation that didn’t happen, so it now risks losing volume share to competitors if it doesn’t lower their prices back down.