China Deals ‘Body Blow’ to Struggling U.S. Farm Belt | Rabobank

China Deals ‘Body Blow’ to Struggling U.S. Farm Belt

Wall Street Journal – Rabobank mention – August 6, 2019

China’s halt to U.S. agricultural imports is particularly painful for U.S. hog farmers and pork processors, who were counting on higher exports to China, the world’s largest pork-consuming country, as a result of African Swine Fever, reports the Wall Street Journal. Rabobank estimates that China could lose up to 50% of its hog herd by the end of this year due to deaths from the disease and culling.