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Too many fat pigs makes hog futures the biggest loser

The huge supplies of pigs are coming at a time of tepid export demand. Pork exports sank below 1,000 tonnes in mid-September, USDA data show.


HAM, bacon, ribs, pork loins - if it has to do with pigs, prices are in the doldrums.

Hog futures were the worst investment in commodities last quarter and in the past year. That's because there are simply too many pigs. They are so numerous these days that slaughterhouses...