are being played in all of the markets. The cattle have he same situation as the hogs had two weeks ago-----cash is $10 above the board and the board is hesitant to go after the cash but the sentiment is turning bullish. The cattle are probably doing what hogs have done-----wait for cash to come back to the board------what happens next for either of these markets when cash and board come back together is a guess between up or down. The process of waiting for cash to come back to the board, does seem to build a friendly bias for the UP direction. Is that just part of smoke & mirrors game to get the herd looking back up before the Rug Pulling Event. I don't have an answer but we will probably get the answer in a couple weeks.

The hog market has always had some tendency to disconnect for awhile but the disconnect seems to be getting bigger. I don't recall the cattle market having these $10 disconnects until a couple years ago. The cattle market seems to have copied a page out of the hog market playbook. It's easier to pick traders pockets if everyone is in a state of confusion.