HK_L61

HE - Lean Hogs

CME:HE1!   Lean Hogs Futures
A few years back, China had amassed a 2.6 Year Supply of... you guessed it... Bacon.

Pork Bellies to be precise.

China, yeah, naw, they are not big on Bacon for breakfast, lunch, or dinner.

Frozen Bellied piled up and piled up for months on end.

Piggies have filled the Gap again.

The Potential for reversals in many commodities is rising, even for BAKE ON.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.