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| Buys Smithfield and other U.S. business:
http://theweek.com/article/index/247358/everything-you-need-to-know...
Checkin the Aug. 12 Wasde shows China has a huge corn crop, which doesn't really equate with the hot, dry temps being reported.
They don't usually import a lot of corn, altho with their huge crop this year they are forecast to import about 50% more than "normal".
They will import pork from the USA. Anyone hear of new barns ? Perfect opportunity to grow pork, funny how that worked out, except the corn
isn't in the bin. But they're not the ones supplying.
Be careful shorting. | |
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China
