China could import as much as 300,000 mt of US pork this year, in a bid to resolve the trade war with the US, according to sources. This would represent an 80% increase on 2017 pre-trade war imports. African hog production has been hit by Chinese swine fever since August, leading to a 15% reduction in the sow-breeding herd and an increase in pork prices. Meanwhile, futures prices have increased in the US, in anticipation of larger exports to China.
China could import as much as 300,000 mt of US pork this year, in a bid to resolve the trade war with the US, according to sources. This would represent an 80% increase on 2017 pre-trade war imports. Chinese hog production has been hit by African swine fever since August, leading to a 15% reduction in the sow-breeding herd and an increase in pork prices. Meanwhile, futures prices have increased in the US, in anticipation of larger exports to China.