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The Chinese New Year will be celebrated on January 25. In 2019, pork prices in China nearly doubled as supplies dwindled due to African Swine Fever and high tariffs on U.S. imports. In September of last year, import tariffs were lowered in an attempt to alleviate some of the pressure.
As Chinese producers continue rebuilding their herds, they will be looking to source their feed based on price and protein content.
Colleen Bradford Krantz took a closer look at how U.S. soybeans measure up in our Cover Story.
By Colleen Bradford Krantz, colleen.krantz@iowapbs.org