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Light Kill and Light Beef Movement


Slaughter was down to 121,000 head Thursday due to blizzard conditions in the upper Plains and Midwest and moving into the East Coast.  The blizzard is not a long lasting storm and cattle will be sold into next week. With the light kill and light beef movement, Choice beef ended the day with no price change.

spotted cows

Cold and blowing snow in the northern Midwest into parts of Iowa and Nebraska slowed movement of hogs with slaughter dropping to 371,000. Traders took a break Thursday and Lean Hogs closed close to unchanged and prices were mixed.

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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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