US pork exports to China could accelerate

Just one day after the US and China signed the first-round trade agreement, the US Department of Agriculture released a report that said US farmers could benefit particularly from the convention. And the pork market could be the biggest winner due to strong Chinese demand.

The US Department of Agriculture (USDA) has expressed an optimistic vision in its report when it indicated that Chinese demand is expected to revive the US pig market in 2020. According to a recent USDA report, 26.5 percent of total US pig exports went to China in November 2019, which made China the largest foreign market for American breeders that month. A year before, when the trade conflict was at its height, the rate was only 4.9 percent. (origo)