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Source: BLOOMBERG, 3/20/18
A boost in China’s sow herd means pork from the U.S. is an “easy target” amid escalating trade tensions between the nations. Pork prices in China have dropped after hogs tumbled as much as 30 percent in the past three months, analysts at Vertical Group, a New York-based investment bank, said in a report. For the Asian nation, “the timing would be opportune for a ban on pork exports in more ways than one,” the report said. For more of this story, click here.
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