G has a Basis of +11 since 2012 is the highest basis ever seen in this period (if our data is good).
Hogs for summer are in normal basis.
I know China is buying, but the number was not so big, and everybody know they will be buying.
The production next year shold be big, so I do not get the idea why the G is so strong.
Does sb know the storage rate for hogs, is there any way to by the cash and sell G, and have the meat in cold storage? we are talking about 11 points per cotract ?