Jeff Simmons next CEO to highlight consequences of ASF

摘要

Elanco's Jeff Simmons has become the latest animal health leader to point out the growing impact African swine fever (ASF) is having on the industry.As trade negotiations have progressed, pork exports to China have become a more significant opportunity for US producers."As a result, many farmers are moving away from ractopamine products to enable access to the China market," Mr Simmons explained. "This impacts our swine product Paylean, which globally is less than 1% of our total sales."US investment bank William Blair recently suggested Paylean represents about 1% of Elanco's overall turnover. However, Mr Simmons' latest comments indicate the impact of the drop in ractopamine sales will have a smaller impact than William Blair's estimates.