The McRib Rip: Lean Hog Prices Surge Every Time McDonald’s Buys the Dip
Everyone knows the McRib comes around when lean hog prices drop down to a point that they can make a profit on it, but the resulting surge in the commodity's price presents a consistent trade opportunity. I see options on /HE lean hog futures, but no standard futures-tracking ETF like CORN or WEAT.
Here is a chart showing the nationwide announcements of the return of the rib and the resulting quarter-long surge in pork prices after the declarations
With pork prices plummeting over the past few months, be on the lookout for the world's most obvious buy signal.
Info pulled from straight from wikipedia https://en.wikipedia.org/wiki/McRib
Submitted October 14, 2021 at 12:07AM by LehmanParty
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