DTN Early Word Livestock Comments 02/24 06:27
Cattle Weakness May Influence Hogs
Cattle futures took a beating Tuesday with April hit the hardest over the
past week. April may have already played its seasonal strength card and now
will need to move closer to cash. Hogs may be in a similar situation coupled
with futures contracts that are extremely overbought. The common factor
providing support is strong demand.
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