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DAG - Cattle And Hog Prices Move Lower - AFS Continues To Threaten Pork Supplies
DB Agriculture Double Long ETN
The peak season of demand for animal proteins in the United States started on the Memorial Day weekend at the end of May. In June, July, and August, the aroma of beef, chicken, and pork will fill the summer air as the barbecue is a part of being an American.
As carnivores from coast to coast and the Canadian to the Mexican border fire up their grills, the price of cattle and hog futures have been moving lower. With both beef and pork prices falling, consumption is bound to rise.