Explore Special Offers & White Papers from AFS

Low Volume For Livestock

Livestock AM Outlook

December cattle trade volume was a little over 15,000 contracts and December Lean Hog volume was around 13,500 contracts. October Feeder Cattle were under 2,400 contracts and November had around 2,500 contacts in light trading.

Pork movement started out light on Wednesday morning with a total of just 161 loads and by the afternoon remained light moving 291 loads. On morning sales hams were up $10.32 after Tuesday’s close down $16.45 and by Wednesday afternoon settled up $2.93.  Hams are like a yoyo. But they have been the leader to the upside. Hams at this time need to be monitored for direction of cutout unless loins take on leadership.

click here for full report

 

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