Swine Flu and Lean Hogs
North American pork hit with bans on flu scare via Reuters
Below is the weekly chart of Lean Hogs. You need not listen to government statements and denials. The market price of Lean Hogs will tell the story. The swine flu is having ramifications on the market for Lean Hogs. The ramifications will be measured precisely by the price of Lean Hog futures. It looks to me as though Lean Hog futures will trade much lower. I will continue to monitor this situation.

Lean Hogs
This will also have ramifications for Feeder Cattle. Feeder Cattle looks like a safer short here. They have not sold off as much as Lean Hogs. Yet!

Feeder Cattle
Peace




