The_dumpster_diver

hogs anticipating trade de-escalation for chinese new year

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CME:HE1!   Lean Hogs Futures
african swine flu is taking hold in china making pork prices extremely pricey in china. i expect a de-escalation in the trade front until after chinese new year. china is the largest buyer and producer of pork. if over half their herd is infected during the highest seasonal demand time. the common person in china would loose their ish . the fact is they need to source pork from other countries to meet demand at a reasonable price. they also will need to jiggle the reserve piggy bank to stabilize the inflation story in china. #hogsknowall

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