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Source: BLOOMBERG, 6/4/19
Yet another market is being shaken up by the African swine fever raging in Asia: Surprisingly, it’s U.S. dairy farmers. Pigs eat components of whey, which is a cheese byproduct. Because China’s herd is shrinking due to swine fever, demand is plummeting. In addition, due to the Asian nation’s trade war with the U.S., it has started sourcing the whey it does need from other countries.
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