What happened to the narrative that Brazil, etc., would supply China at a reduced cost relative to the U.S. saving the day? Just like the narrative of China saving the day for European luxury auto makers, not happening either. fwiw, China owns the U.S.'s largest pork producer.
US-China trade war becomes a hog’s dinner, as Beijing considers reducing soybean rations for pigs
Chinese pigs might soon be dining on a lower protein diet after an industry group recommended reducing the amount of soybeans in their feed to offset rising costs and dwindling supplies as a result of the US-China trade war. The China Feed Industry Association published a proposal on its website at the end of September suggesting the minimum content of soy meal in hog rations be trimmed down. The meal, which is made from soybeans, is a principal source of crude protein in animal feed. China imported 87 per cent of its soybean requirement last year, about a third of which came from the United States. While the proposal, which ... (full story)
- Posted: Oct 11, 2018 9:09am
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