Disease causing price volatility in U.S.
The rapid decline in China’s swine herd due to African swine fever has caused volatility in U.S. domestic prices, Goldman Sachs analyst Adam Samuelson told clients last week in a research report. China’s total swine inventory will be down 13 percent to 374 million head by the end of this year, according to a USDA report.
“With the Chinese pork industry representing roughly 20% of global protein production, the potential...
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