I see where Missouri is saying the percentaage of hogs sold on the bid-ask basis rather than on some contract or other form of sale is down to about 5%. Do you still use it and do you think it will be around much longer?
http://www.farmgateblog.com/article/prices-are-being-negotiated-for-fewer-hogs-every-year
How many of the contracts are based on the bid-ask prices? Shows how a few transactions can manipulate the entire price structure.
