date:May 25, 2012
That was the message from Joel Haggard, vice president of the US Meat Export Federation Asia Pacific. Speaking during a conference call with journalists, Haggard said USMEF sees ample pork supplies unless an anomaly occurs in the market. However, in the long-term, US producers have opportunities in China as that country faces sustainability challenges for production, he added.
Haggard said raising hogs in China remains profitable even with price declines driven by Chinas increasing production.