COW - African Swine Fever And U.S.-China Agricultural Deal Make For A Bullish Meat Opportunity

October, 19 2019 04:08 AM iPathA Series B Bloomberg Livestock Subindex Total Return ETN

As you may have heard, half (or more) of China's pig population has either died or is infected with African swine fever, which is akin to the black plague for pigs. Since the epidemic is currently in Asia and its EM neighbors, the true damage figures are difficult or impossible to find, but it is a fact that pork prices in China are up 150-200% year-to-date and 50% in Europe.

Indeed, it truly is the "year of the pig". Take a look at pork prices below:

(Source - Pig333

Company Name:	iPathA Series B Bloomberg Livestock Subindex Total Return ETN
Stock Symbol:	COW
Market:	NYSE

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