FIRST AIRED: February 17, 2018

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Transcript

00:00:00
>>
SOUND] I
the world's top pork market, pig business is big business, and fewer bigger than this. First large scale modern farmer, is getting ready to produce his first offspring. A 73 hectare complex housing 10,000 sows, producing 280,000 piglets annually.>>
FOREIGN]
> The prospects, that's tough to say. Maybe I'll carry on for another two to three, or three to four years, and then decide to quit myself. I just don't know.>> The argument for Giant Farms, higher outputs will tame China's notorious pork price volatility. And raise food safety standards.
00:00:23
Profit margins will be greater because we’ve reduced costs and resources.>> It adds up to a transformation in China’s pork industry>> Parts when that could leave smaller farmers behind. Thousands have already shut up shop under strict new pollution standards. Others struggle against cost particularly for the imported soybean feed.
00:00:42
>>
00:01:02
In a longer term, it could also turn China's pork producers into competitors against the US, France, UK and Canada. From where in the short term, they are sourcing much of their genetics equipment and know-how, and they appear willing to put their money where there mouth is. Since 2016, companies have invested an estimated $11 billion into new found technology.