Swine Flu Is Decimating China’s Hog Herds; Pork Prices In The U.S. Could Increase

African swine flu is decimating the hog population throughout China. A recent estimate places the loss of hogs in the country at 25% to 35%. Since China produces more than five times as much pork as the U.S., this means the virus has wiped out more pork than the U.S. produces in a year. The…