China currently requires third-party testing organization confirmed that U.S. pork exports to China do not contain ractopamine, namely clenbuterol.
Currently banned pork exports to China, including Tyson Food plant part, Hormel plant, Triumph Foods and Quality Pork Processors.
But right now, Tyson, Hormel and Triumph out any answer.
According to statistics, in 2013 China’s exports to the United States a total of 312,138 tons of pork valued at $ 645.3 million. Last year, total global pork exports to 7.5 million tons, valued at $ 20.4 billion.
Chicago Mercantile Exchange (CME) October hog futures LHV4 Tuesday limit, down to $ 0.03 per pound limit.
Traders and analysts said the slowdown in wholesale pork demand and ample supply of hogs, so slaughter hogs prices, is the main reason for the decline in pork futures.