Here Is My Lean Hog Trade

10 Jul in Blog, commodity consulting, commodity trading, feeder cattle futures, futures broker, Lean hog futures, live cattle futures, Michael Seery, option broker, Seery

Lean Hog Futures--- Lean hog futures in the August contract finished down 175 points closing around 127.75 a pound and I will be recommending a short position if prices break 126 which is the 4 week low while then placing my stop above the contract high which is also the two-week high at 133 risking around 700 points or $2,800 per contract as the livestock sector may have topped out as feeder cattle prices finished limit down for the 2nd day also press

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