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Dennis Smith

Archer Financial Services Inc.

Dennis Smith has been a full service commodity broker specializing in grain and livestock trading for over 25 years. Dennis has a wide range of customers many of whom are grain and livestock producers. Dennis and his partner, Patrick Garrity, develop and execute hedging and speculative trading strategies in their evening Daily Livestock Wire which is prepared each afternoon exclusively for their customers. 

Dennis grew up in Central Illinois and earned a Masters Degree in Agricultural Economics from the University of Illinois before launching his brokerage career.

[email protected]

Dennis’s Recent activity

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Contraction on the horizon
May 01, 2023
Current environment is described by some long-time producers as the worst stretch of losses since the debacle in 1998/99.
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Profits look slim moving forward
Apr 03, 2023
A combination of two items is needed to restore profitability to the industry: lower corn prices and higher pork prices.
Lean hog futures managed to stage a dramatic and impressive upside breakout, providing a near-perfect opportunity for hog producers to seek protection from a sharp downturn in prices.
Blast off or crash?
Mar 06, 2023
Futures have been plagued by larger than expected hog slaughter since the first of the year.
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Outlook for 2023 is positive
Jan 02, 2023
With total U.S. red meat production projected to be down 3.7% in 2023, what about demand for U.S. pork?
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Are you asking the right questions?
Nov 07, 2022
What are the odds that corn prices remain elevated near $7/bushel during 2023? Will China become a large importer of U.S. pork in 2023?
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One trick pony 
Jun 06, 2022
Sustaining a strong uptrend in hog futures would be very difficult in the absence of bullish export developments. 
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