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Trade Volume For LC & LH Light



Trade volume on Wednesday was half the volume of what is was Monday or Tuesday with Live Cattle closing slightly higher. Traders are wanting to see how the COF report affects futures. Bear spreads have been narrowing for December, February and April.

Herd of cows


Trade volume was light again Wednesday.  Traders know packers are not beating down the bushes for hogs.  The CME Pork Index continues to narrow to the CME Lean Hog Index taking away from packer margins.

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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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