Monday, July 07, 2008

DailyWealth: Hogs to Hit Records Soon

The DailyWealth team has been all over this story - record corn prices, which will soon produce record hog prices.

Agree with the hypothesis 100%, but not sure if I completely agree with the way to play it. My plan is to keep an eye on those mid '09 contracts...wish I had kept an eye sooner, as I now see they have been moving up aggressively. However they look to be in the middle of a consolidation, and I'll look to enter on the next leg up.

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