johnny skeptical - 3/14/2014 06:50 I know that for the smaller guys one packer uses a 10 day rolling average of the western cornbelt market, so on a up market the price is always lagging, but on a down, it's ahead. Deal like that would make lifting hedges pretty painful when the market is jumping up $3/day. The 10 day rolling avg could be $15+ under the board. I've really never liked using a "rolling avg" price ever since IBP started their VMR ~20 yrs ago, partly for that reason and partly because its an attempt by the packers to manipulate the market. | 
127 for Hogs
