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Lean Hogs Futures - May 24 (LHc1)

CME
Currency in USD
Disclaimer
98.38
+1.67(+1.73%)
Closed

Lean Hogs Futures Discussions

2012 June 95++
2013 june 100++
2014 june 130++
2015 May 90++
2016 june 90++
2017 june-july 90++
2018 may 80++
last may it was 90++
just look at the monthly chart for 10-50 yeasrs and you will see what to do now
LH june contract target price 90++
Which product do you use to trade LH? I don't like the ETCs from wisdomtree.
Its not a girlfriend
LH futures
LH June
https://www.pork.org/blog/happened-hog-market/ /Based on that article : "My production cost model now points to a break-even of $65.22/cwt, carcass, for low-cost producers in 2018, up from $61.79/cwt in February." SO guys it will rise above 70  the price is manipulated down. If it goes up with limit there will be no canche to buy TARGET price 90++
Meaning?
Overpriced
UNDERpriced
100 within 6 months
How?
 break-even of $65.22/cwt,
https://www.pork.org/blog/happened-hog-market/ /Based on that article : "My production cost model now points to a break-even of $65.22/cwt, carcass, for low-cost producers in 2018, up from $61.79/cwt in February." SO guys it will rise above 70  the price is manipulated down. If it goes up with limit there will be no canche to buy TARGET price 90++
Restrictions are easing, summer is near, everyone's anxious to fire up grill at his backyard :)
https://www.pork.org/blog/happened-hog-market/ /Based on that article : "My production cost model now points to a break-even of $65.22/cwt, carcass, for low-cost producers in 2018, up from $61.79/cwt in February." SO guys it will rise above 70 oon the price is manipulated down. If it goes up with limit there will be no canche to buy
lean hogs 26 or 28 $possible
no way it would ********the industry even on short term. 35 was the min.
Swamp u got D
Oil is better play
May 20 but U can also buy the June contract I think is is safer than you have 2 month.
oil at 15 maybe LH is now
I told U oil  was not a better play
Are u paid pumper?
NOP
https://www.pork.org/blog/happened-hog-market/ /Based on that article : "My production cost model now points to a break-even of $65.22/cwt, carcass, for low-cost producers in 2018, up from $61.79/cwt in February." SO guys it will rise above 70 oon the price is manipulated down. If it goes up with limit there will be no canche to buy
https://www.whig.com/20170129/reducing-herd-could-boost-pork-prices-to-break-even-level it was 49 USD in 2007 the break even level, so based on that  I belivie it is 50-55 USD this year NOT 28 USDUSD So it needs to rise above 70 USD to have some profit.
28 $
2,8
possible
$37 should be below breakeven price for Hogs in 2020?
I heard above 45 is the break even
cheap does not mean "worth-it" to buy
Buy etf, price will not here for long
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