Explore Special Offers & White Papers from AFS

Outside Markets Add Pressure to Meats


Packers didn’t need many cattle from the showlist last week and with heavier cattle they didn’t have to pay the higher premiums for Midwest cattle.  Packers are telling feedlots they will buy cattle that meet their needs or keep them on feed.  The fire in Grand Island, Ne didn’t hurt slaughter last week with a large 660,000 kill.

As China builds it’s hog herd, US exports to China are not going to increase.  Along with their own growth China has trade agreements with the combined EU countries, Brazil, Russia, Viet Nam and Ukraine that were increased during the tariffs in 2019 and early 2020.

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