After a prolonged period of depressed farm-gate prices, exacerbated by US-China trade tensions and only modest relief from the recent tariff cut from 55% to 45%, many Chinese farmers sharply reduced stocking in the second half of 2025


After a prolonged period of depressed farm-gate prices, exacerbated by US-China trade tensions and only modest relief from the recent tariff cut from 55% to 45%, many Chinese farmers sharply reduced stocking in the second half of 2025