Hello Itz, I haven't been watching cattle as close as hogs but I believe 118.00 area for Feb should be bought it looks like to me. I have traded cattle but not for a long time as I have been spending all my brain energy with the hogs!
The pig report tomorrow could be a bullish surprise, however I am also interested in the C/S report to see if it has any surprises I have been watching the feeder pigs as they are getting very expensive and that leads me to believe there may not be as many sows out there as everyone was thinking! Like DH I believe the lows in hogs may have been made all ready.
Itz, Thank you for all your posting and thoughts on the hogs for this year!
Dewey