Hogs edged higher Tuesday in the wake of limit losses in panic fashion on Monday. Volume was 54,500 with open interest down 600 cars. The chart has been damaged and a huge rally is necessary to repair. Basically the premium structured board is losing its premium because the cash hog market is not breaking. Cash is slightly higher so far this week despite projections for another monster kill surpassing last year by 13%. Hog weights from last week were up slightly, up .6 of a pound and weights are up 3.2 pounds from last year. There are rumors of massive food shortages in China due to measures in place to battle the coronavirus and, of course, due to ASF. There’s also rumors that the government will drop punitive tariffs on many agriculture food items to help ease the shortages. Regarding the coronavirus, the U.S. stock market continues to trade higher after the panic selloff on Monday. No recommendations

I certainly don't have any rec!! I did buy more MMM's, NNN's, & QQQ's on Monday's selloff!

Dewey