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2019 is the year when the farming industry began to unravel...


According to Rabobank, China's pork production is seen at around 38 million tonnes in 2019 versus 54 million tonnes last year, Sherrard told Reuters, citing the company's latest forecast.

That would be the lowest level in at least 20 years, according to the National Bureau of Statistics data, with repercussions across the global market for all animal proteins.

The decline would be nearly 30 per cent larger than annual output in the United States and equivalent to Europe's yearly pork supply, Rabobank said.

The United States Department of Agriculture has forecast a smaller decline in China's pork output this year, of around 10 per cent.Credit 2019 is now officially the worst agricultural disaster in modern American history with catastrophic flooding.

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