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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
Published Thu, Oct 27, 2016 · 09:50 PM
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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