As Ned Schmidt told us months ago, there’s a serious African Swine Flu outbreak taking place in China. This has led to the slaughtering of nearly a third of their hog herd. They’re quickly trying to make up the difference by buying up the difference in the US. The so-called trade war is complicating things. Ag commodities are getting ready to sky-rocket. Mid-west flooding has led to drastically decreased planting of soy beans and corn. Ned says that in 10 years, a t-bone steak could be a thing of the past.
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