Livestock AM Outlook
Trade volume on Lean Hog futures was extremely light Monday. October the most actively traded month on the preliminary volume was 13,110 contracts. December Lean Hogs, the next active month, barely broke 6682 daily contracts.
Monday boxed beef movement was ONLY 73 loads. Last week’s biggest day was ONLY 121 loads. Boxed Beef sales released to the USDA are a drop in the bucket of actual beef movement.
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.