MURICO.com Forum

Re: DH, I sure need-----

June hogs to find a bottom quickly and then work on a $5 rally. The seasonal window is now open but the markets want to make us believe that demand would rather buy high priced beef rather than cheap pork. Maybe the consumer has an extra fat wallet and price doesn't matter. As far as the story that China is wanting back in the beef market, which has turned the cattle market into MOON WATCHERS. I don't believe China is going to be buying anywhere near the amount of beef that makes a big dent in the beef supply. Are people stupid------China will let the seasonal Rug Pulling Event happen and then buy their beef needs-------at THE BOTTOM.

Maybe I'm just trying to justify the challenging situation of try to keep my cattle/hog spread from springing a leak. Since I got my new spread boat, I keep scalping 80 cents to $1 profits long June cattle every day. I've built a very nice cushion and have managed to prevent any leaks to keep everything dry. One of these days my luck is not going to show up. I really need June hogs to find and show me a bottom here at the 70-71 potential support area------I need a rest from this daily anxiety treadmill.

Messages In This Thread

The final Purchase Index for - - -
Hogs by Dennis Smith
Re: Dewey, are you saying----
Re: DH, I sure need-----
It just might be, ITZ, that the kill rate is - -