Explore Special Offers & White Papers from AFS

Beef Movement Large

Morning Livestock Outlook

Beef movement was fairly large Wednesday on lower prices.

Feedlots were active sellers in Iowa/Minnesota, Nebraska and Kansas on  Wednesday. Midwest feedlots concerned about cattle getting too large started selling. Cattle/grain producers looking to start field work wanted to move cattle.

Hog traders are expecting another strong export sales on Friday. Cutout on Wednesday doing its usual intra-day bounce with hams up 2.54 early and closing the day down 5.66.  Pork loins are under pressure.

Click Here for Full Outlook 

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