we ARE in a trade WAR!!! It is NOT a routine negotiation of trade policy!! We are now in a full scale trade WAR!! WARS are desperate times and desperate times call for desperate measures.
China has begun mandating that hog producers reduce the percentage of protein in hog rations in an attempt to reduce soybean imports. I remember during WWII that meats were rationed and price controls were in place. China could do the same thing. The government runs things in China. Chinese people know how to live on beans and rice.
So-
- Be careful
- Be nimble
And -
Don't start spending all those bucks you are going to make when hog prices go to the moon until the money is safely in the bank!!
Best wishes,
Doc