is meat out of steam already?

Discussion in 'Commodity Futures' started by filter, Apr 30, 2010.

  1. filter

    filter Guest

    what's the next best play?
     
  2. Long wheat and corn against a short position in fed cattle and lean hogs.
     
  3. There may be a perception that shutting down the fishing industry in the Gulf will be supplemented by increased meat consumption causing prices to go up Monday morning.
     
  4. Not a perception, that is what will happen. But it will take a couple years to play out.

    Once the oil spill will be "cleaned up", the fishing industry will resume. But they, along with the population, will be in for some interesting surprises.

    One of the few calls I will make, but I will be going long far out meat futures in the next few months as a speculative investment.