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| Thanks. Excellent info.
I am creating four scenarios: 1) If this economy unwinds for one more terrorizing downleg 2) If we do have a currency event 3) If pork & beef exports get legs beyond the short run & 4) how much did we alter sept/nov breeding intents
Also am curious as to the reason Director Fribourg resigned from Smithfield. His dad was a legendary risk taker & the family has several hundred years heritage in the grain industry --if it were his dad (now deceased) & did not like the business model he would have forced changes and shoved in another pile of chips.... but on the other hand --they also 'know when to put in a stop loss'
I vividly recall nearly two generations past when some of the big boys flamed out in the beef deal & pondering if folks became sick enough in August & Sept to render some decisions about the hog model.
Edited by SeniorCitizen 12/11/2009 14:07
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Senio Citizen and hogs
