lean Hogs

Headline from Bloomberg today “Asian nations scrambling to contain the spread of African Swine Fever as Vietnam cull’s 2.6M pigs ” Spot hog prices in China +11% this week( Hightower) but yet Carcass values of hogs in U.S. trending Lower touching lowest level since late March.Until actual demand shows up Via Consistent Export orders,lean hog prices will trace Cash/Carcass values which are trending lower.AS I type LHQ9 a stones throw away from limit down .Below is Pork carcass cutout value

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