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Re: The CME Lean Hog Index component on the kill f

Yes DH I liked the hogs better today. As I have said many times, this sure is a hard way to make money! Following is part of an excerpt I received from Dennis

The news out of China regarding the spread of ASF has gone silent. You can bet your muck boots that African swine fever continues to spread in China. This situation is threatening to go regional which would really turn up the bullish burner. A new development surfaced today, PED was confirmed in Alberta, Canada, for the first time ever. This disease was confirmed in other Canadian provinces in 2014. So now we watch and monitor this situation. Recall that PED tends to kill young pigs and it spreads in cold weather much more so than in warmer temperatures. On the trade war front, a joint statement will be issued tonight out of Beijing which may possibly specify increased purchases of U.S. pork.

DH, the way packers are continuing to pay more every day for hogs it is easy to see they know much more than we do!!

Dewey

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