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Light Volume in Livestock Trading

Livestock AM Outlook

Boxed beef prices were down Friday on very light movement a total of 51 loads. Cash cattle prices for the week steady to higher with top priced cattle selling for $112.00.

Last Wednesday, lean hogs were higher on light volume trading and Friday on light volume lean hogs were lower. February 2021 Lean hogs gapped higher Friday and reversed to the downside for most of Friday’s session with an outside day down trade day.

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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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