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Old September 1st 19, 04:55 AM posted to rec.bicycles.tech
John B. Slocomb
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Posts: 547
Default Parts and Tariffs

On Sat, 31 Aug 2019 19:59:05 -0700 (PDT), "
wrote:

On Saturday, August 31, 2019 at 5:48:36 PM UTC-5, John B. Slocomb wrote:
On Sat, 31 Aug 2019 13:33:44 -0700 (PDT), "
wrote:

On Saturday, August 31, 2019 at 2:57:34 PM UTC-5, AMuzi wrote:

I see in today's paper that pork in Beijing moved from 18
yuan/kilo to 32 this year and rising on trade limits and
swine flu (weigh that out - both are factors). That's really
nice for Iowa.

--
Andrew Muzi
www.yellowjersey.org/
Open every day since 1 April, 1971

Not really. Pork is down 50% since April. And current price is about equal to what it was one year ago. So despite swine flu and other problems, pork has stayed the same for one year. China is just doing without meat and/or buying it from other parts of the world. I suspect the pork market, as well as the soybean business that has moved to Brail and Argentina, will never return to the USA. Its gone forever.


According to what I read, yes the price of pork in China is up and
imports are up, but it is a result of swine fever not import/export
duties.

Wholesale pork spot prices were at 21.55 yuan a kilogram on June 14,
up 12% from the same period last year.


No. On August 30, 2019, pork closed at $63.73 per hundred weight. On August 27, 2018, one year ago, pork was $64.70. Prices from the Chicago Mercantile ExchangeYour prices are Chinese Yuan prices paid in China. These are the USA prices that USA farmers sell at. Your prices are Chinese Yuan prices paid in China. The foreign exchange rate does not affect the USA price. It only affects the Chinese buyers. Not the USA sellers. The USA seller gets the exact same price no matter what the foreign exchange rate is.

"Your prices are Chinese Yuan prices paid in China"
--------------------------------------------------------------

Well, of course, After all the Chinese are the ultimate consumer (in
this discussion) so, again in this discussion of pork in China, they
are the ones who actually determine the sales volume, and to a great
extent the price.

--

Cheers,

John B.
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