Quiet night at the CBOT for feed grains, soybeans give back yesterday’s gains. Cotton cant buy a rally amidst falling conditions.
Grains/Oilseeds
The Swine Times 5/22 – Trade Rec
June is now 2.00 over July. Taking profit on one unit ahead of holiday.
The Swine Times 5/21
June is now 2.00 over July. Taking profit on one unit ahead of holiday.
The Swine Times 5/19
Processors are slowly adding to the kill, they are not likely to let M get away. Add a unit to M vs N.
The Swine Times 5/18-5/22
The cutout has likely made a seasonal high. Market action this week will be factored by that along with increased slaughter.Remain bull spread
The Swine Times 4/20 – 4/24
Hogs are bottoming due to artifical supply shortages caused by plant shutdowns. Hog futures should up front but rallies will be short lived
The Swine Times 4/14 – Trade Rec
We think packer closings are baked in the cake. Cover remaining M-G spreads.
The Swine Times 4/13 – Trade Rec
June hogs are being taken to the wood shed, we are going to lighten up by buying the June-Oct spreads back
The Swine Times 4/13 – 4/17
Continued virus concerns is shuttering the packing industry. Hog markets face monumental concerns, prices trading at 20 year lows reflect
The Swine Times 4/5 – 4/9
Markets are nearly limit up as shorts cover, we think its a fade.