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To: JF Quinnelly who wrote (15580)12/18/1998 12:09:00 AM
From: Gauguin  Respond to of 71178
 
I think the mkt has one or one and a half more up days. Then pooper. eom



To: JF Quinnelly who wrote (15580)12/18/1998 6:15:00 PM
From: Ish  Read Replies (1) | Respond to of 71178
 
<<Hogs are also selling for $45 and that's no heavenly ham to a farmer who probably spent twice that to produce it.>>

That's on the futures, cash price on lean hogs is around 28 cents a pound. Costs about 40 cents a pound to raise them. Lots of small farmers are not raising hogs anymore, the mega raisers have an edge on costs but you don't want to live close to one.