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Commodity exporters must report pork carcass sales to help officials and traders learn more about Chinese pork purchases, the USDA said on Monday. Recently, China's pork purchase has increased sharply, which has led to a sharp shock in the global meat market.
China's pork imports nearly doubled this year as African swine fever killed millions of pigs in China, pushing the country's most popular pork price to a record high. China's imports of beef and chicken also soared. Currently, the country is looking for meat supplies around the world to fill the supply gap caused by African swine fever, which has killed millions of pigs.
The U.S. Department of agriculture has issued a regulation that requires exporters to report the sale of pig carcasses and cattle carcasses, with immediate effect. Earlier, the USDA's overseas agricultural service received informal inquiries about what information must be reported.
Previously, exporters had to report sales of "cut meat.". Traders and analysts said it was not clear whether the rule included different types of carcasses.
China is the largest pork consumer in the world. Analysts say China is now buying American pig carcasses from companies such as Wanzhou International (0288. HK) and Smithfield, because Chinese meat processing companies need whole pigs.
"Timely reporting and publication of export sales data for agricultural products is key to the effective functioning of the market," the USDA said in a statement


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