This is a sample entry from Tom Dosdall’s newsletter, , published on Thursday, December 21, 2017.
Cattle on Feed and Quarterly Hogs and Pigs reports will be released during market hours tomorrow at 11:00AM (CST). Pre-report estimates are as follows:
Cattle on Feed: 106% (year ago levels)
All Hogs and Pigs: 102%
A while back I made mention of the “head and shoulders” technical chart pattern taking shape in cattle and where that analysis projected price. Now that we are nearing the projected lows, I would be using this opportunity to roll everything down (if in the money) prior to tomorrow’s report.
See below for chart analysis/commentary. Call me at 877-566-5463 for assistance with your strategy.
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