30 Year Price Plateau Reached?
The Iowa-Minnesota price last Friday averaged 66.81, up $5.00 in two weeks, or about $10.00 per head. With May lean hog futures closing last Friday at 77.52, it doesn’t a rocket scientist to figure out that there is an excellent chance of adding another $20.00 plus per head in the next 4 weeks. $30.00 in 6 weeks, writes Jim Long.