Move aside Pax Britannica and Pax Romana; welcome to the Pax Porcus.
From Dairy Herd Management, November 1:
Can U.S. agriculture stand between China and a war in Taiwan? According to economists, it can and is.
“China’s own military released a report maybe two months ago that said the single main reason for us not to intervene in Taiwan directly is that the U.S. might see this as an excuse to impose sanctions if we do not bring in food from outside China,” Chris Kuehl, Armada Corporate Intelligence chief economist said in an episode of Farming the Countryside.
Also in the report, China acknowledged that they are only 20% independent in soybeans and buy 80% of what it needs.
China’s military report comes as the country grapples with a protein shortage.
Up the Pork AnteIn October, China sold 200,000 metric tons of pork from state reserves to help ease surging domestic pork prices.Jim Wiesemeyer, Pro Farmer policy analyst, says China announced it now plans to release its seventh batch of frozen pork from reserves....
....MUCH MORE
