Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
For the week cattle slaughter was down 13,000 head compared to the previous week and down 33,367 head compared to the same period a year ago. This week packers will be buying cattle for the short kill week with thanksgiving on Thursday November 28th.
PORK COMPLEX
Pork prices are moving lower led by loins, hams bellies. Hams and bellies in October were the leaders as prices moved up but now, the top products, of the carcass, loins, hams, and bellies are pushing prices down. To top it off, pork is going down faster than hogs.
>>Read full report here.
Interested in more futures markets? Explore our Market Dashboards 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.
