Putting things in perspective.
Obvious Political move aimed at US farmers who thus will qualify for US Federal aid, so not much damage to Pork producers who will just keep animals off the slaughter market.
From China’s end a simple click onto the South China Post article reveals something not so good on their end.
African Swine fever breakout in mainland.
Couple that with a rather large hole developing in supply without US product
and a weaker Yuan which means higher domestic Pork prices in China.
So exactly who is holding short end of stick in this circumstance? Hm…
add: On second thought can imagine those good ole boy’s saying something as follows. Hunny not much to do today, going down in the holler to the river, JimBo said Catfish bites been really something.