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SW WI | I think the market inventory for the 4th quarter is about what was expected. Now does that mean Dec lean hogs (board) is where it should be?
What stuck in my head is the record pigs per litter. So to me....we have a lot of pigs coming yet.
I'm still hoping cutouts can carry us some here. If they tank, it will be 98 all over.
On the bright side, the industry has stared into the abyss before and avoided a 98 scenario. But of course 98 was 1 to remember.
This is where I need fundamentalist guys. I can learn a lot from chart guys but fear is ruling the day for now. | |
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