China’s 2016 pork production levels are expected to decline from a year ago. Pro Farmer’s First Thing Today says feed prices are expected to decline, but farmers in China don’t have access to capital to expand their herds. As a result, the nation’s imports will likely climb 300,000 metric tons over last year, to 1.3 million metric tons. Pork processors are expected to utilize lower cost imports to meet domestic demand. Domestic production won’t meet domestic demand, so imports have the potential to climb near 750,000 metric tons.
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