Pork producers have had a strong couple of years of profitability recently, resulting in strong balance sheets. Recently, however, they have been in a bit of a rut, and the question remains as to how they will weather the storm.
In speaking with analyst Farha Aslam this week, as part of our agribusiness report, we heard one opinion, that the future strength of pork producers rests on China.
Recently, China has had issues with the health of its hog herds. While China has been importing signifcant amount of US poultry, it has announced that it is going to order only 60 million pounds of pork through December. Ms. Aslam sees that as a potential sign of things to come, that might very well drive the price of pork up and make weathering the storm for pork producers difficult.
For the full interview with Ms. Aslam, including a broad overview of the Agribusiness sector and stock picks, click here.
Prince Frog International Holdings Ltd (HKG:1259) Benefits from China’s Income Growth with Specialty Kids’ Items
June 24, 2013
CEO Watch – John Mackey, Whole Foods
August 26, 2009
Whole Foods Market, Inc. (WFM) Opening New Value-Oriented Shops to Appeal to Masses
September 01, 2015
Amazon (NASDAQ:AMZN), Whole Foods, Costco (NASDAQ:COST) and Target (NYSE:TGT) Are the Customers of this Top Investment Company Pick
October 21, 2019
Recommended Reading – Google’s CFO Search: Why’d it take so long?
June 27, 2008
