The lean hogs market dipped substantially lower during Friday’s close.
However, what will the markets do in light of African Swine Fever and the trade war in China?
“This past week [China] had the second largest hog purchase in a long time,” said Jim McCormick with AgMarket.Net.
McCormick anticipates this to expand with claims foreign buyers have to find pork somewhere.
AgDay Host Clinton Griffiths discusses more with Jim McCormick with AgMarket.Net.