Wednesday, March 3, 2021  
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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.
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