Costco Profit Misses on Discounts: Bloomberg Brief

Dec. 11 (Bloomberg) -- Bloomberg’s Alix Steel has your morning brief of overnight news covering the most important global developments, market news and data on Bloomberg Television’s “Bloomberg Surveillance.”

Hog Wild: China Looks to Hedge the Cost of Pork
15:17 - China is looking to hedge the cost of its pork addiction. In a country that consumes half the world’s pork, price swings have become so large that they hurt the ability of domestic producers to keep up with demand, even with a herd of 450 million pigs. Imports are the highest ever and exceed all other buyers. Bloomberg's Phoebe Sedgman has more on "Bloomberg Markets." (Source: Bloomberg)
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