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SW WI | Just my take on hogs....it seems they are at times traded more technically than fundamentally. With that said they are bumping up against what history says are the ceiling of range. Do old rules apply? Minnesota farmer, a producer last summer was calling for lows that would knock out 98 for last fall. I'm not sure if it was you, if not I kindly appologize. My point is we (myself included) as producers sometimes take too much of a fundamental view. My thoughts still hold...... sometimes hogs are more technical than fundamental. That is why Senior's viewpoint from being in that side of the business is invaluable. | |
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Hogs
