date:Aug 07, 2014
t Im finding it hard to see a demand circumstance that could be so dramatic as to break cash hogs another $9/cwt. carcass by then.
As Ive stated above, I dont see supplies supporting that kind of decline either.
Lower hog prices are coming. That is, as it always is at this time of year, a virtual certainty. But given the accuracy of my hog supply calculations for May, June and July, it appears to me that the recent sell-off in LH futures is overdone and that the recent decline in hog prices wi