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Pork Market is Like a Yoyo


The strength in the U.S. Dollar can’t be good for exports.  The last time the US Dollar was as strong was close to 20 years ago. On the other hand, a strong dollar should help US cattle producers in the northern US either buying Canadian fed cattle for slaughter or buying feeder cattle.

The pork market is like a yoyo. One day its strong and the next day weakness and all on relatively light movement. But light movement when slaughter is at current levels, the fluctuations should be expected. Futures on Wednesday saw traders bull spreading.

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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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