Explore Special Offers & White Papers from AFS

Pork Prices Up, Slaughter Down

MORNING LIVESTOCK OUTLOOK

Pork prices are higher because sales are light and slaughter is down. At this time with pork prices going down, packers are slowing the kill to try to support the pork market.  Slaughter was lighter because of blizzards and low temperatures but packers began slowing kill last week when predictions of bad weather was known.

pigs feeding at trough

Packers last week before the blizzard and subzero temperatures were cutting back on slaughter and continued to buy fewer cattle this week regardless of the weather.  Slowing kill has allowed packers to fill previously contracted beef orders and also they have been able to jack up prices on the small amount of beef sold on the daily market.

Read Full report 

Learn more about Chris Lehner here

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