Lean Hog Prices Poised to Climb in 2009

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Bloomberg reports that “In the worst year for commodities in at least five decades, hogs rose 6.6 percent, the second-biggest gains on the Reuters/Jefferies CRB Commodity Index, behind cocoa.” The article quotes fund manager Mark Greenwood: “We’re going to have 3 to 4 percent less pigs next year, and that should be very supportive to […]

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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 […]

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