Cash is called steady. I suspect cash will be higher ahead of a major winter storm that is forecast for the western hog belt later this week.
Product is looking steady on limited early week activity. Hams and loins traded lower last week with butts and bellies firm. Early today the only cut called higher is pork trimmings. So the week if off to a slow start.
I just now received this from my broker. So far today I have purchased June, July, and August. If Oct goes up to 92.25 I will be getting out of half of them!
Good trades to all!