US Bacon Pile is Biggest in 48 Years… Bloomberg

October 23, 2019 by Jim Colburn Leave a Comment

Lydia Mulvaney and Dominic Carey, Bloomberg discuss the glut of pork bellies, the sharp increase in the hog heard and Expected strong demand from China, here…

”Hog producers started building up their herds in anticipation of more demand for meat imports from China, where African swine fever has killed millions of pigs.”

And here is a very long term perspective of hog prices from barchart.com:

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

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