I have a put from about a month ago and am not complaining about the results at all. Given China's tariff's there would appear to be more downside.
Any thoughts how low they could go? I have a June put.
mho 6750 and if that doesn't hold 62.50
About the tariff on hogs-
Smithfield Foods, Inc., is a meat-processing company and wholly owned subsidiary of WH Group of China. The company is the largest pig and pork producer in the world.
Would the Chinese be trying to monopolize hog imports to China?