LIVESTOCK NEWS
The Market's Fine Print
John Harrington DTN Livestock Analyst
Wed Aug 13, 2014 06:48 PM CDT

A wise man once said, "The first thing to do when you find yourself in a hole is to stop digging." Amen and Amen.

I can't remember whether the sage was Confucius discouraging the proverbial shortcut to China, Halliburton's construction boss after losing a government contract, or Ed Norton advising Ralph Kramden from the depths of the New York sewer system. But whoever the discerning shoveler was, his thoughtful musings have clearly fallen on deaf ears in the lean hog pit.

When spot August expires at high noon on Thursday, the futures market will invite would-be investors to step over ...

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