DTN Early Word Livestock Comments 03/03 06:26
3 Mar 2021
DTN Early Word Livestock Comments 03/03 06:26 Hogs Futures May See More Pressure Feedlots continue to hold out hope for higher cash, but that hope might be waning as boxed beef plummeted Tuesday and futures could only muster a minor recovery. Some initial offers are for $2.00 higher, but that may be a tall order. Hogs broke the uptrend line and will need to generate buying interest Wednesday or risk further technical selling.