Making some meaty profits in choppy markets
"The hot topic at the moment is hogs - lean hogs," says Mehdi Chaouky, analyst at Diapason Commodities Management - and he has evidence to support it.
Chaouky is not just referring to an increasing predilection for pork from the Chinese, whose growing wealth is feeding their hunger for meat. He is not just alluding to opportunities afforded by fluctuations in the prices of grains used to fatten your typical lean hog. And he is not just talking about summer, when Americans wheel out rusty grills
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