in the back of your mind also but I always have to remind my producers(screaming to lift hedges) that many good market trends have been destroyed by negative outside forces, that had nothing to do with supply and demand. Those outside forces have a tendency to show up this time of year and ultimately bring a negative RISK OFF atmosphere to all markets that have been trending up. Strong three week FLUSHES is all it takes to ruin the obvious party that just needs to Re-Balance. At the same time it ruins your Bank Account unless you keep a Boy Scout mentality of BE PREPARED.

I'm prepared because I know what the March Washout is capable of doing. It's been a few years since we've had a strong March Washout so it is due. A strong 3 week washout(hogs addictive $10 move) can happen any time of year but it is also just part of normal market dictation, after a somewhat overblown 3 month rally. The upside stopper should have been 72.00 not 75.00. Markets have to Re-Balance, there's a universal rule that calls for Balance and markets are no different when they overshoot the directional guidelines. If hogs fail to Re-Balance now by failing to retest and validate Dec price support at the 62.00-63.00 area before the next seasonal is ready to play out---------the PAIN for the 3rd and 4th qtr FLUSH will once again be more painful for producers than need be-------Fast & Furious back down to 45.00-50.00. As the saying goes "you can pay me know or you can pay me later but later will cost you MORE".