Pork Futures: Hogs Mostly Weak
CHICAGO - Lean hogs ended mostly weak on general cash bearishness and heavy technicalresistance. Funds also shifted some of their July long positions into August onthe second of five days of "The Goldman Roll." The Goldman roll is a strategywhere traders shorten long positions in one month by selling the next month'scontract. The strategy usually calls for five days of trading and is based onthe Goldman Sachs Commodity Index.
9 June 2007
2 minute read
