China’s halt of pork and soybean imports may be temporary

China’s statement to shut off pork and soybean imports from the United States was meant to send a message of retaliation, but INTL FCStone economist Arlan Suderman says that this may only be temporary.

This is due to adequate short-term supplies, either domestically or from Brazil. Suderman says that their long-term options are very limited, as China is the world’s biggest pork consumer and the U.S. has the largest and lowest priced supply.