Hog Paper to Open Moderately Lower
Lean hog futures are expected to open moderately lower,
pressured by slipping carcass value and the discount of the cash index.
The cattle complexis also likely to start on the defensive thanks
to follow-through selling and
defensive beef cut-outs.
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The risk of loss in trading futures and options can be substantial,
therefore only genuine "risk" funds should be used in such trading.
Futures and options may not be a suitable investment for all individuals
and individuals should carefully consider their financial condition in
deciding whether to trade. Option traders should be aware that the
exercise of a long option will result in a futures position.
Information herein has been obtained and prepared
from sources believed to be reliable; however no guarantee to its
accuracy is made. Comments contained in these materials are not intended
to be a solicitation to buy or sell any of the commodities mentioned.
Past performance is not indicative of future performance results.
Opinions expressed herein are the opinions of the author only and not the
opinion of any firm the author may be affiliated or associated with.
