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An article on China's growing appetite for pork cites Smithfield's CEO saying pork consumption will not moderate over the long term. It also reports WH Group profit growth of 17% in 2016 as it imported more pork into China to meet rising domestic prices.
Long-run Chinese protein demand supports import flows and global pork prices, while slow economic growth is weighing on near-term consumption.
nationalhogfarmer.comApr 11, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
