the "Trough" and the liquidation phase of the Hog Cycle, it appears that I have been either out to lunch or brain dead because I surely have not traded it very well. I would be in deep yogurt if the Q/V spreads had not been kind to me. Maybe the summer '19 futures have been beaten down too low and will rally after the "Trough" is hit so I have piled a few of them on my boat. I will add more if there is a dip.
Best wishes,
dhm
"In the hog market you can always expect the unexpected!" Long Bear