The Chinese government has announces measures to boost its domestic pork supply and stabilize pork prices as the country struggles with its African swine fever outbreak.
Average U.S. pork production during the 12 months through February was 3 percent higher than one year ago. U.S. personal consumption expenditures for pork moved generally lower in recent months as deflation in U.S. consumer pork prices hindered dollar-denominated expenditures.
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