Pestilence Update

China hog prices hit 14-month high as African swine fever slashes output. Pestilence of livestock.

Blog note. Jesus indicated that ‘fearful sights’ (various natural disasters) would occur leading up to the time known as the Tribulation and Great Tribulation (a combined seven year period of great destruction on earth). Although these types of things have occurred in the past for centuries and thousands of years, they could be identified as the ‘season of the times’ due to the ferociousness of these events. They would be occurring in greater intensity, severity, frequency, size, duration, scope … just like the pains that a woman experiences in labor the farther along she is in the labor process. We are in the ‘season of the times’ that comes just before the seven (7) year Tribulation/Great Tribulation period
… And great earthquakes shall be in diverse places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven. (Luke 21:11).
… And there shall be signs in the sun, and in the moon, and in the stars; and upon the earth distress of nations, with perplexity; the sea and the waves roaring; (Luke 21:25)
… Men’s hearts failing them for fear, and for looking after those things which are coming on the earth: for the powers of heaven shall be shaken; (Luke 21:26)
… This know also, that in the last days perilous times shall come. (2 Timothy 3:1)
Jesus is giving a series of prophecies about what to look for as the age of grace comes to a close. These verses are several of many such prophecies from throughout the Bible. 2017 was the worst year in recorded history for the intensity, frequency, severity, duration and occurrence of a large number of severe natural disasters worldwide. Earthquakes, volcanoes, hurricanes, typhoons, cyclones, torrential flooding, unprecedented wildfires in unusual places, devastating droughts, excessive/scorching heat setting records everywhere, record snowfalls in Europe and Russia. Snow in the Arabia. This list can go on. Most studied Eschatologists believe these ‘fearful sights’ and massive natural disasters are all part of the ‘CONVERGENCE’ of signs that this Biblical and prophetic age is closing. Most people who study prophecy are familiar with the routine reference(s) made that these things will be like a woman having labor pains that occur in greater severity, frequency, size and duration prior to giving birth. End of note.

China hog prices hit 14-month high as African swine fever slashes output

By Hallie Gu and Dominique Patton. Reuters•March 11, 2019

BEIJING (Reuters) – Chinese hog prices marched to their highest in 14 months on Monday and look set to keep rising after weeks of gains, analysts and producers said, as the worst disease outbreak to hit the country’s vast pig herd in years chops supply.

Live hog prices in major consumption and production areas rose 7 percent on average on Monday compared with last Friday to 15.09 yuan ($2.24) per kilogram, according to data provided by consultancy China-America Commodity Data Analytics. Even though demand is typically weak at this time of year, prices across the country surged almost 20 percent since early March.

The surge comes with a months-long outbreak of African swine fever having spread to 111 confirmed cases in 28 provinces and regions across the country. There is no cure and no vaccine for the disease that is highly contagious and fatal to pigs, though it does not affect humans. About 1 million pigs have been culled so far in an effort to try to control the spread.

“The main reason (for rising prices) is there are fewer pigs,” said Yao Guiling, analyst with China-America Commodity Data Analytics. Some farmers are also reluctant to sell now, she said, anticipating further tightening of supplies and higher profits in coming weeks.

“Pig production capacity has been falling in the past two years, then in the second half of last year, African swine fever outbreaks further affected restocking, pushing up prices,” Yao said.

(For a graphic on ‘China’s pig prices soar to 14-month high’ click https://tmsnrt.rs/2CdU9RE)

Some have also abandoned farming, after government measures to tackle the disease pushed prices too low and made trade impossible.

China’s pig herd fell 13 percent in January compared with the same month a year earlier, while the number of breeding sows was down 15 percent from the previous year, according to data from the Ministry of Agriculture and Rural Affairs.

But analysts and traders said farms that can keep out the disease could be in line for bumper profits in coming months.

“Our goal is to survive. If we survive, life afterwards will be good,” said a manager at a major pig producer located in one of the regions that has reported an African swine fever outbreak.

He declined to be named as he was not authorized to talk to the media.

(For a graphic on ‘African swine fever puts China’s pig industry in peril’ click https://tmsnrt.rs/2BjgFIp)

Shares in leading pig farming companies also continued to rise on Monday, as investors bet on tightening pork supplies and strong government support for leading producers.

Top farmer Wens Foodstuff Group Co., Ltd. rose 4 percent, while rapidly growing Tech-bank Food Co., Ltd. was up 3 percent.

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