Explore Special Offers & White Papers from AFS

High Temperatures Affect Feed Performance


Biggest drop in boxed beef prices were rib and loin sections. High temperatures from the Plains down into the Southwest will affect feed performance.  Packers are going to be very picky about buying light cattle.  There are packers severely discounting light cattle, sorting them off and putting the cattle back on feed in their own feedlots.  There was good news for feedlots this week. Grain prices have dropped.

Lean hog trade volume was light Friday. Packers view the Hogs & Pigs Report as negative with fewer hogs going forward.  Packers are paying more for hogs than how they can sell pork. Packers need to see kill back over 475,000 to 480,00 per day.

Click here for full report

Learn more about Chris Lehner here

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.

Latest News & Market Commentary

Explore Special Offers & White Papers from Archer Financial Services

Get Started

Contact Us Today