U.S. Meat Export Federation's Haggard on China's Pork Demand

U.S. Meat Export Federation's Haggard on China's Pork Demand

Assessment

Interactive Video

Business

University

Hard

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The video discusses the elasticity of demand for pork in China, highlighting shifts in consumption due to price changes and the impact of African Swine Fever on pork production. It explores the challenges of repopulating hog herds and the incentives for doing so. The discussion extends to US-China agricultural trade, focusing on the increase in US pork exports despite high tariffs and regulatory challenges. The video concludes with an overview of the strict regulations faced by US exporters in meeting Chinese food safety standards.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are influencing the change in protein consumption habits among the Chinese population?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the implications of high pork prices on consumer behavior in China.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the African swine fever impacted the hog industry in the United States?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the challenges faced by hog enterprises in repopulating their herds?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential changes in agricultural product purchases from China are anticipated under the phase one trade agreement?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do tariffs play in the export of pork from the United States to China?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How are U.S. pork producers adapting to meet the stringent food safety laws in China?

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