A 'mutual interest' in pork could help make progress in the US-China trade war

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A 'mutual interest' in pork could help make progress in the US-China trade war
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'Pork would be, sort of, the obvious product that China really needs and America could easily supply,' said commodity analyst Darin Friedrichs.

Pigs raised by farmers are seen at Linquan county on December 5, 2018 in Fuyang, Anhui Province of China.square off in their latest round of trade talks, one of the topics on the table will be Chinese purchases of agricultural goods. While soybeans have been a commodity making headlines, the world's two largest economies may actually be able to find some common ground on another product: Pork.

American pork producers, meanwhile, could fill the growing domestic gap in the world's largest pork market, according to the commodity analyst. U.S. hog farmers have been suffering during the more-than-one-year-long trade war. They've been virtually locked out of the Chinese market as American pork entering China now faces a 62% levy, according to a Reuters analysis of data from the U.S. Meat Export Federation and the U.S. Department of Agriculture.

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