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Rough Hog Data
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Pat H
Posted 1/7/2010 13:26 (#1008482 - in reply to #1007689)
Subject: Re: Rough Hog Data


cropsey, il 61731
It looks like there is much more buy and hold behavior in hogs than in the past, but once the positions are in place, does anything change until they make a change? I guess it has added a floor under the market (we didn't go to 8 cents this time - we did stay under profitability much longer though). It seems like most of the move from $43 to $66 lean was due to the long commercials - fundimentals are not hitting very hard (yet).

Thanks,

Pat
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