December hogs rallied 15 dollars in 3 months. The top step contract, Feb Hogs, rallied from 77 to 88. I’d have a resting order to sell Feb hogs at the 86.00 level. Market will have to rally back to get that done, but that’s the level I’d sell. we are at 84.50.. for more aggressive trade, sell it here, risk it to a close above 86 and look to cover shorts at 83.00 to 82.50.
Time stamp it.
That’s all for today.
CER