Country maintains strict limits on pork imports from the United States, allowing only heat-processed pork and frozen pork imported for further processing.
Twenty-five percent of respondents were unable to find a specific food product at the grocery store; 32% are waiting for next paycheck to buy groceries.
All eyes on Ukrainian border troop buildup; price of hogs in China continues to spiral downward; Brazil, Argentina not selling beans.
United States now largest supplier of chilled pork to Korea due to KORUS; beef exports benefited greatly from duty-free access to FTA partners.
Hog Outlook: Maintaining current markets and entering new countries keeps demand strong for U.S. pork.
USDA raises beef production forecast but lowers pork production estimate.
COVID-19 continues to scramble industry expectations and consumer food buying behavior.
Beef exports surpass $10 billion while pork tops $8 billion for the first time.