A market analyst sees tremendous risk in the hog market
right now.
Elaine Kub says as China continues to deal with domestic hog losses related to African swine fever, it’s difficult to pinpoint the demand potential for U.S. pork.
“They may still have to come to the United States and buy pork even with the tariffs. But the market is responding because even if that demand is there, the price will have to come down to account for the tariffs.”
Kub says China could replace its shrinking domestic pork supply by not only importing from countries like the U.S.
Continue reading Hog market very risky at Brownfield Ag News.