Global pork trade should be picking up soon.
The latest Rabobank Quarterly Pork Report shows the easing of feed costs and continuing consumer demand improving the market. That improvement will be led by China, which continues to stockpile pork as COVID restrictions are let down and prices increase.
Challenges including African Swine Fever and inflation are still present though and will impact trade policies.
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The pork industry has a huge contribution to jobs and the economy
Analyst: look south for growth in U.S. pork exports