Rising food prices in the world’s most populous nation are again under the spotlight. Food prices in China rose 13.2% year-over-year last month, with a big part of that from an 86% jump in pork prices. African swine fever decimated the country’s pig population last year, while the Covid-19 pandemic and heavy flooding have probably disrupted food supply further. Pork prices eased early in the year but have started rising again in recent months. Lingering African swine fever means operating costs will likely stay high as farms need to invest more on biosecurity measures.

Source: Wall Street Journal August 17, 2020 11:15 UTC