Am Flat the market! Got out of the BO with a handsome profit, close to the high of the day! I am afraid to go long hogs because of the ASF and evidently I am not the only one as the merc is increasing the limit moves in hogs eff 9-1-21. I was told 475 pts limit with expanded limits to be 750!! I was also told Puerto Rico will be considered USA and all exports would stop for 30 days if that were to happen. The Dominican Republic is not far from Puerto Rico. My broker said to expect a 1200 pt down if that happens.
Am looking at cattle but just haven't done anything yet.