DTN Early Word Livestock Comments 03/08 06:04
Livestock Futures Remain Supported
It is a new week and feedlots may be a bit nervous over the potential of
packers to reduce bids based on the outcome of last week. We can be assured
neither side will tip their hand early until there is a better indication of
demand. Hogs remain in an uptrend and it will take a significant event to
trigger liquidation of long positions.
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