spread are starting to line up my entry targets. As you know, I leg into that spread because I seldom see it trade that spread because hogs tend to find the seasonal low before cattle find the seasonal high. Maybe I lack the patience but I've had better luck getting my best spread by legging into it. My parameters are to buy June Hogs @ 93.00-94.00 area and sell June cattle @ 140-141 area. June cattle have a 5 month cycle low due the first half of March for an 8-10 drop off of 141.00 area.

I was reloading on my long Feb cattle yesterday @ 136.20