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Trade Volume For Cattle Light


Beef exports did well in January and traders are waiting to see if exports remain strong or like a year ago slow down going forward. Trade volume on Tuesday was light. After making contract highs on Monday, Tuesday appears to be simple profit taking on slightly overbought futures.

Grazing Cattle

Tuesday the 5 day pork carcass was 79.94 with all primal cuts Tuesday afternoon down on a light slaughter of 479,000.  Packers don’t want extra hogs. Monday slaughter was revised down 7000 head.

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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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