Hello Tim, I got out of all hogs on Fri. However I made a mistake and started buying cattle! I did not do anything on Mon. but started increasing trade on Tue. and more today!
I am not buying any more cattle or feeders but may get back in hog trade if June gets to 96. or lower tomorrow. I plan on holding cattle & feeders. If the corn breaks, which I believe it will I should be ok in feeders and I believe the cattle herd is still decreasing. The hurt on cattle now is the outside markets I believe.
Spike, if you see this I could use some help with your beautiful charts!
Tim I appreciate your thoughts and comments, hopefully we are not looking at a crash!
Dewey