Watchlist

I'm still keeping an eye on a couple of spreads that look to be setting up nicely.

Cattle/Hogs

This one looks like it's hitting a decent level of support.

My one concern was the recent strength in hogs which might not be advisable to fade.

Soybeans

Again this one looks to be setting up nicely with a good strong seasonal window.

My only concern is the USDA quarterly grain stocks which is due to be released on June 28th.

It might be advisable to wait before entering as the window doesn't open for a while.