MURICO.com Forum

The CME component on the kill for - - -

12/17/14 was within the range projected by the Hog Pricing Model being down -1.05 to 84.63. That puts it over the GGGs by 3.53. With 58-days until the GGGs go to cash settlement, I have this hunch that the kill rate will drop enough to keep the Index at about this level at cash settlement.

Oh, there will undoubtedly be a bunch of wiggle and giggles around this number, my guess is that at cash settlement the Index will be this high or higher. Talk is cheap and talk carries no risk. So I will follow up by saying, "I'm not buying yet. If it falls back down below 78.50 I'll take on the risk."

I have friend who quoted his grandmother as saying, "If our foresight was as good as our hindsight, we'd all be a damn sight better off."

Best wishes,

dhm