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.
Dennis’s Recent activity
A sharp and sustained rally in hog prices will not materialize until/unless exports ramp up to such huge levels so as to exceed the level of expansion.
The rally's extent could be surprising but given the level of production, there's no reason to expect anything close to last year's highs.