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Demand Good Nationwide This Week


Compared to last week, steers and heifers in the north central and south central regions sold steady to 4.00 higher. In the southeast region steers and heifers sold steady to 5.00 lower with the exception of 400 lbs steers selling 2.00 higher. Demand was good this week nationwide.

cows eating grass

Hog slaughter is increasing. Weights are slowly going up. Pork is dropping and dropping rather fast.   Packers are losing money. If hogs are to rally, pork needs to see improving exports and to have the price of pork over the price of hogs.

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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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