What's happening in China could be an opportunity for the Canadian pork sector.
That's according to a Rabobank report on what's happening in China's pork market.
The report says farmers' losses and government measures to close down unsuitable farms have driven the Chinese sow herd size to an historic low.
Rabobank reports China's pork prices have reached an all-time high.
The bank expects China will need to increase pork imports by 30 per cent to cover this year's supply gap.
It points to Canada, the EU and the U-S as being well-positioned to increase their exports to China.
The bank report goes on to suggest China will likely maintain its level of pork imports even when local production recovers in 2017.
That's based on Rabobank's view that local users of imported pork will stick with that product because of its consistent quality and lower price compared with Chinese production.
