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Taste for bacon spurs investor feast as US hog prices advance

from Bloomberg via Crain's Chicago Business

Hedge funds are loading up with pork. With Americans expected to eat the most pork since 2007, money managers are now the most-bullish since 2014 on hog futures, which already are at a nine-month high. Fast-food restaurant owners like McDonald’s Corp. are selling more bacon, and the price of pork bellies used to make the rashers has surged 30 percent this year. more


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