Written Commentary
LIVESTOCK AM OUTLOOK
click here for full report
Beef net sales at 12,400 half of what is needed.
As of September 8, 2021 dressed steer and heifer weights were 870.7 compared to previous week at 869.3 up 1.4 pounds for the week. Grading percent was 80.5 up .9% compared to previous week at 79.6 %.
Pork export net sales of 33,800 MT was good. China buying. Likely refilling storage before big October holiday. Mexico at 8200MT should be a bit better but remains a consistent buyer. Japan is not the buyer it once was.
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.
