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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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