Last week was a record for U.S. corn sales to China. Rabobank Senior Director of Animal Protein Christine McCracken says China’s interest is due, in part, to a growing protein sector. There’s structural changes taking place in China’s hog herd. “As hogs move to new, larger barns with modern genetics and management practices, we should see a shift in what they’re feeding and how much they require.” McCracken isn’t worried too much about the new strains of African swine fever. “I think these new operations are having more success in controlling the spread of the virus.” There has also been an increase in China’s poultry production to offset the drop in hog production.
