The trade war is making U.S. pork producers squeal

With China’s hog inventory depleted due to African swine fever, the demand for imported pork is up, which would be a good thing for U.S. meat companies except the U.S.-China trade war is getting in the way, says CFRA.

U.S. meat company executives estimate that China has lost somewhere in the range of 150 million and 200 million hogs to the disease since the first reports of the outbreak back in August 2018, about the equivalent of all U.S. pork production.

CFRA analyst Arun Sundaram cites expert reports showing it could take eight years for China’s pork supply to rebound from the African swine fever outbreak.

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