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Feb LC
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white shadow
Posted 11/21/2017 12:32 (#6379682 - in reply to #6379599)
Subject: RE: Feb LC



East Central South Dakota
a lot of farmer feeders were forced into hedging around the 1.08 range this turn by their lenders after last years blood bath----farmer feeders hedged at 1.08 and watch them run up to 1.30 February to see if they stay in their hedges. After the market takes that money do they run them up or down ? Bait and switch ? Price of pork and chicken and packer encouraging over weights with no discounts----- I would bet down---- but I was wrong and missed out on this fall run up
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