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Re: Will futures be happy with------

a 5-6 dollar premium or will it once again try to outrun the index by $10. Now that the fall low is in, the psychology changes with thoughts of spring rallies will probably bring on the lines for those wanting to board the Northbound with setbacks. At some point, it will overload before the increased demand and lower production show up. I don't have any clue where that overload point is but I will get hallucinations before it becomes reality. There is significant reason for me to believe this years March Washout will be one of the better ones caused by an overloaded Northbound. Some of them set in by early March and sometimes they wait until late March.

Every year I have March Washout Hallucinations, some are very disappointing and some become very productive Reality. Kind of like trading in general, fishing, and even the June Cattle/Hog spreads. The history percentages don't lie, its worth the effort to work the high percentages, even if some turn out to be a waste of time and effort. The ones that prove to be Reality make up for the Hallucinations.

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The CME Lean Hog Index component on the kill for -
Re: Will futures be happy with------