Unusually high Hog prices this Winter

With McDonalds promoting their Famous McRib this winter, we are seeing unusually high Hog prices, but that's about to change soon and we should be expecting the usual low Winter prices beginning of next year to beginning of summer.

Waiting on the 0.618 retrace since it popped above 0.50 level.

Blue box is normal range for Hogs. 2014 we saw unusual prices due to swine flu.

Comment:

I'm looking at the hog numbers and it looks like we're producing about 70 Mil lbs less compared to this time last year.

Feed lots are holding back?