Major pork consumer China turns to hog futures to hedge risks
Price swings have become so large that they hurt the ability of domestic producers to keep up with demand
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Shanghai
CHINA is looking to hedge the cost of its pork addiction.
In a country that consumes half the world's pork, price swings have become so large that they hurt the ability of domestic producers to keep up with demand, even with a herd of 450 million pigs. Imports are the highest ever and exceed all other buyers.
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