Pork markets are likely to become a big winner in the trade truce [CNNMoney.com]
Seaboard Corporation (SEB)
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Source: CNNMoney.com
Pork markets to become a big winner in the US-China trade truce New York (CNN Business) Just a day after the United States and China signed a phase one trade deal , the US Department of Agriculture released a report that delivers another optimistic message to US farmers: Chinese demand for pork is likely to boost the US pork markets in 2020. The latest USDA report shows that 26.5% of US pork exports went to China in November 2019, making it the largest foreign destination for US pork that month. A year earlier, when the trade war was at its peak, the number was 4.9% — five times smaller than what it is today. As the largest pork consuming nation in the world, China had to tap its emergency pork reserves in the past year after losing over 100 million pigs to the African swine fever. Now, as Chinese people start to prepare food to celebrate the biggest national holiday, the Spring Festival, demand for pork could be higher than ever. The pork shortage has pushed Beijing to reach m
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- SEABOARD FOODS NAMES CHAD GROVES AS PRESIDENT AND CEO TO SUCCEED PETER BROWN AFTER RETIREMENT [Yahoo! Finance]Yahoo! Finance
- SEABOARD FOODS NAMES CHAD GROVES AS PRESIDENT AND CEO TO SUCCEED PETER BROWN AFTER RETIREMENTPR Newswire
SEB
Sec Filings
- 5/2/24 - Form 3
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- SEB's page on the SEC website