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More Observation *PIC*

A while back I had this trader friend Z, I was just reminded of him...he all ways gave me subtle advise.

Always trade the product...not the price. Z

A lot is happening now in the hog market. New processing plants are coming on line...China closing plants due to location...asia markets expanding rapidly, Europe in a mess. China is going to need Pork...and right now they import more from Europe than from us...they just recently changed position in the pecking order as far as US exports...they are second to Mexico and then Japan. So...I think China will probably make for some good trading in the hog market. Normally...Seasonally we would be going down right after the holiday...I don't think that we are in a position to go down yet...Maybe if the Dollar was to sky rocket...???

My next target for July after the 91.50 is 98.25...it's going to have to push really hard to get there before it expires

Remember who it's from...and how much you paid for this analysis

Best of good trades, Spike

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More Observation *PIC*
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