Reply
Senior Advisor
Posts: 3,228
Registered: ‎04-30-2010
0

Re: We're all Chinese now....

I'm not sure it is a national security issue.  But, from the Chinese point of view, they can't feed themselves so they would see it as a national security issue.

 

China is buying a lot of infrastructure and expertise which I would expect them to export to South America and Africa as soon as it proves economically feasible.  If many hog farm workers are immigrants, the Chinese may move the hog to the worker, if they can also grow corn.

 

I don't know what to think of the food safety issue.  I have no confidence in Chinese adherence to safety standards.

 

What will this do to markets?  Will Smithfield have to report in-house sales or transfers?  Will this serve to hide pork sales information?