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| Not sure how much market weights will drop for $85+ hogs. Crude on the rise with some forecasting much higher prices will lift ethanol. Not sure the rationing is going to be as severe as some think. Its not slowing down at these price yet. Feeders cant just flip the switch once feed yards and buildings are full. They will produce at a loss for 9-12 months. Its the nature of the game...you cant halt operations over night. | |
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Exports
