Hog Prices Take off, Probably Due to PEDV
US - How large are the losses of piglets due to PEDV (Porcine Epidemic Diarrhoea Virus) and how will the losses reduce slaughter supplies this spring and summer and for the rest of 2014? No one knows the correct answer, but lean hog futures market participants seem to have decided that the losses will be very large for slaughter supplies this spring and summer, writes Chris Hurt.