Replenishing reserves ๐Ÿฅฉโ„๏ธ

swine o'clock Jul 19, 2023

๐Ÿ‡จ๐Ÿ‡ณ๐Ÿท Through a notice issued by a state-owned company last week, China has announced its intention of buying frozen pork to replenish its state reserves. The plan is to purchase a total of 20,000 metric tons – in other words, anyone who profits from selling to the Chinese market should keep an eye on the developments (the US hog industry holding its breath)… 

  • To get a closer look at China's moves, read this