“As expected, China’s retaliatory tariffs this morning weighed very heavily on meat prices today as hogs gapped lower and extended the decline to close limit down, their lowest close since early September,” The Hightower Report said. “China is a major buyer of U.S. pork and that demand is in jeopardy. This week , Brazil is already trying to take advantage and says they are close to opening up China’s market to Brazilian pork.”
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