Explore Special Offers & White Papers from AFS

Meat Packers in Control

LIVESTOCK AM OUTLOOK

Packers have been light showlist buyers over past several weeks and when buying cattle.  They have been in control of the showlist often telling showlist buyers to keep cattle until notified. Beef is moving from high end cuts to trimmings and ground beef.  Packer profits are big. At this time market looks good.

From the CME Lean Hog Index, the CME Pork Index, cash carcass prices to negotiated hogs, all prices dropping.  The low base price on carcass based hogs has been moving lower.  The high base price was established when hogs were higher, so actually trend is showing substantially lower prices.

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 Chris Lehner Today