The pig market in the Philippines, the 10th-largest in the world, is losing nearly $20m a month from the African swine fever outbreak, according to agricultural officials. Though not harmful to humans, the highly contagious disease is fatal for pigs. In an effort to stem the spread of the disease, authorities have banned all pigs and poultry imports into the country. ’s herd estimated at 12.7 million pigs as of July. The spread of the disease has pushed up the price of meats such as chicken, and the Philippine central bank has warned of the risk of higher inflation.
The pig market in the Philippines, the 10th-largest in the world, is losing nearly $20m a month from the African swine fever outbreak, according to agricultural officials. Though not harmful to humans, the highly contagious disease is fatal for pigs. In an effort to stem the spread of the disease, authorities have banned all pigs and poultry imports into the country. The spread of the disease has pushed up the price of meats such as chicken, and the Philippine central bank has warned of the risk of higher inflation.