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    I Like this quote I dislike this quote“If the rate of decline in the percentage of negotiated or spot market hogs returns to the pre-2004/'05 rate, it will increase the urgency for the industry to find another form of price discovery for most of the contracts. However, the slowdown in the rate of decline in negotiated or spot purchase hogs gives us some hope that the number of negotiated hogs will stop at around 10% of total slaughter. If it does, we believe it will do a satisfactory job of representing the true supply and demand situation and can be used as the base price for market contracts.”

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    I Like this quote I dislike this quote“If the rate of decline in the percentage of negotiated or spot market hogs returns to the pre-2004/'05 rate, it will increase the urgency for the industry to find another form of price discovery for most of the contracts. However, the slowdown in the rate of decline in negotiated or spot purchase hogs gives us some hope that the number of negotiated hogs will stop at around 10 percent of total slaughter. If it does, we believe it will do a satisfactory job of representing the true supply and demand situation and can be used as the base price for market contracts.”

 Glenn Grimes quote

 Add to Chapter...
    I Like this quote I dislike this quote“If the rate of decline in the percentage of negotiated or spot market hogs returns to the pre-2004/2005 rate, it will increase the urgency for the industry to find another form of price discovery for most of the contracts.”

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