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
Expectation is for the summer hogs to likely bottom out sooner rather than later and lead the board higher developing into a major seasonal low or bottom.
One item I really like about trading livestock futures and options is the seasonality to livestock production as well as seasonality in meat demand. This gives rise to seasonal tendencies to livestock futures markets...