humanspiral

Report on 12kT pork import cancellation by China from US is that it was already paid for and mid transit.

https://lemmy.ca/post/42928153

Report on 12kT pork import cancellation by China from US is that it was already paid for and mid transit. - Lemmy.ca

Couldn’t find bloomberg or Reuters source. Implication is harm to US producers by having oversupply situation, from both return of pork and no new orders. Brazil and Spain exports to China surged, and look like a structural shift for US industry decline.

Apr 26, 2025 at 12:05pmWeb
Show threadthunderfistApr 26, 2025
Here you go: The Hill: China cancels 12,000 metric tons of US pork shipments
Show threadJo MiranApr 26, 2025
Sounds like Spain is going to enjoy some pork.
Show threadhumanspiralApr 26, 2025
missed the point that it was prepaid and in transit. Which has a more interesting FU aspect to it, rather than the more obvious no more orders if 175% tariffs are added.
Show threadicerunner_originApr 26, 2025
I misread this as a 12kT pork impact and was wondering how the pigs got into space.
Show threadOrteilGenouApr 26, 2025
Easy
The Muppet Show - 303: Roy Clark - Pigs in Space: Electric Toaster (1978)

YouTube
Show threadboreengreenApr 26, 2025
China is the world’s biggest producer of pork and also the 3:rd largest importer of pork. Now they are no longer a customer of US based pork producers. Hmm.