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Google News: Open Interest Was Lower in Both Cattle And Hogs From Yesterday
[Inside Futures] - by Dennis Smith of Archer Financial Services Stability seems to be the theme early today in the outside markets as well as in the livestock arena. Look for major support today in the April hog contract from (unchanged to 8650).
Google News: Aggressive Livestock Selling Tied to Global Growth Slowdown Concerns
[Inside Futures] - by Dennis Smith of Archer Financial Services Cash hog prices are expected to be under pressure today. Simply put, if futures are going to be lower and breaking down technically, packers are going to use this type of action to their advantage.
Google News: Dressed Beef Traded Sharply Higher in Nebraska Late Yesterday
[Inside Futures] - by Dennis Smith of Archer Financial Services Cash hog prices went from lower on the early interior report to higher on the late report. Still, the cash remains very choppy and appears to be a forced affair. Margins are not profitable.
Google News: Cattle Traders Expecting Cash to Move at $1.30 This Week
[Inside Futures] - by Dennis Smith of Archer Financial Services Good morning. Lean hog futures rallied sharply on Wednesday, keeping the uptrend intact on the daily price charts. Will they hold is the big question in my mind moving forward? My opinion is "likely not" but
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