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As we begin 2020, news of upwards of 80% declines in hog herds in China should finally turn heads concerning the future of pork, and global protein markets in general. This new number was reported by a Chinese journalist this past week. A decline that severe in the world’s largest hog herd is sure to upend global protein markets and cause long-term shifts in supply and demand across the globe. Protein substitutes like chicken, fish, and beef will see increased demand, which may help U.S. markets as a Phase 1 Trade Deal with China is set to be signed in the coming weeks.