Its been a good day so far for bull spreads. We are going to venture into cattle

by Alec Torrey
Its been a good day so far for bull spreads. We are going to venture into cattle
by Alec Torrey
This virus situation is such a weird dynamic, we don’t really know how to gauge how it will affect price.
by Alec Torrey
Hog markets should be steady to start the week from a cash perspective. A bloodbath in the Sunday equity and energy trade could complicate
by Alec Torrey
Chinese PMI contraction weighs on macro market traders while hog prices firm globally due to supply shortages
by Alec Torrey
We are seeing a bounce in crude this morning, we think this is a good spot to cover and buy June. At some point we will get net long but for today we will just cover our net short.
by Alec Torrey
Sell 2 April buy 1 August. Markets are up this morning in April. We think this is just a dead cat bounce and we probably need to take some risk off the front of the curve.
by Alec Torrey
Hog futures markets have some signs of turning around, although the product market is likely still a few weeks from a bottom
by Alec Torrey
Roll Feb to April. We are running out of time on the Feb-Aug spreads. We need to roll the G into the J
by Alec Torrey
Hogs remain torn between massive slaughters and virus fears against 20% monthly growth in exports. Seasonally, summer hogs look to bottom
by Alec Torrey
Risk premium it being taken out of the curve at every point due to the fears of Coronavirus. Feb and April futures are below the index.