Chinese farmers and small firms have increasingly bought market-ready pigs from larger breeders and fattened them in a bet on higher prices, but the government is cracking down on the speculative practice to slim down hogs and stabilize the market.
Chinese government cracking down on speculative “refattening” practice
Carney and Li agreed to establish regular communication channels
Next meeting June 23
China has been a key importer of American hog and dairy cattle genetics, but shipments have stalled