Pork could see adverse affects from devaluation of Chinese currency
Story Date: 8/14/2015

 

Source: SOUTHERN FARM NETWORK, 8/13/15

China’s sharp devaluation of its currency to prop up its economy is sure to raise prices for U.S. farm exports to China—and is already raising hackles from U.S. lawmakers. The move followed years of resistance by Beijing to let the Yuan adjust to market forces…and reflects weakness in China’s economy.

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