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Beef Market Worries About Recession



Stock market will be watched Monday on the open as bank in California was closed Friday and concern other regional banks may do the same.  Beef market has been worried about a recession in 2023 and the bank going down is going to add weight to the negativity.

Cows in a pasture


Pork prices are moving up a bit faster than hogs. This is good for the packers and packers have been putting a little money on hogs. But hog slaughter dropped 15,000 hogs this week compared to a week ago.

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Futures and options trading involve significant risk of loss and may not be suitable for everyone.  Therefore, carefully consider whether such trading is suitable for you in light of your financial condition.  The information and comments contained herein is provided by ADMIS and in no way should be construed to be information provided by ADM.  The author of this report did not have a financial interest in any of the contracts discussed in this report at the time the report was prepared.  The information provided is designed to assist in your analysis and evaluation of the futures and options markets.  However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to ADMIS. Copyright ADM Investor Services, Inc.

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