Lean Hog Futures—Hog futures in the February contract is trading slightly lower this Monday afternoon in Chicago down 25 points at 67.20 as the market remains in a choppy pattern over the last several weeks. At the current time I’m not involved as I had a bearish bias for quite some time, however things may have changed due to the…
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Live Cattle Futures—Cattle futures in the December contract is trading higher for the 2nd consecutive session up 120 points at 112.85 as prices have now hit a 5 week high. I have been recommending a bullish position from around the 111.00 level and if you took that trade continue to place the stop loss under the 10-day low standing at…
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