Source: BLOOMBERG, 9/10/20

China’s massive hog farms are expanding rapidly on the back of government incentives and record pork prices, but it could be months before production increases enough to cool the market and curb imports. The world’s biggest pork consuming and producing nation has seen prices and imports climb to all-time highs after African swine fever slashed herds by almost half. The price spike has fueled the country’s inflation, while foreign purchases are surging...

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