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Weakness in Beef


By the end of this week, June will be the most actively traded month.

Compared to last week, Steers and Heifers sold 1.00 to 4.00 lower. Receipts were larger for the second week in a row as auction markets are getting back to normal after the severe winter weather that impacted much of the nation a couple of weeks ago.

Hogs are high because demand is good. Loins and hams, the two best cuts on a hog are still cheap.

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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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