Explore Special Offers & White Papers from AFS

Demand For Pork is Strong



There was an uptick on hog weights Friday and Saturday, but Monday hogs weights dropped. More and more it looks like the demand for pork is strong and it should be with high priced beef.  But packers keep adjusting down slaughter and are offering less pork. The difference between June and the Hog Index is down to  $1.73 with futures over the Index. This narrow of a spread is negative for packers.



For now, at least up to the next  COF report on June 23rd if there changes to previous reports, traders are expecting a few more fed cattle for slaughter. The market is bear spread from August out because of it.

The first extreme high temperatures are now in south central Texas and in areas of Oklahoma with areas well above 100 degrees. Although it isn’t across a lot of the cattle feeding areas, it is likely just the beginning where high temperatures will limit weight gain and limiting adding pounds at this time is not what cattle producers and packers in the Southwest need where weights are already low.

Read more here

Learn more about Chris Lehner 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.

Latest News & Market Commentary

Explore Special Offers & White Papers from Archer Financial Services

Get Started

Contact Chris Lehner Today