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Feeder Cattle Trade Volume Picked Up


Live Cattle and Feeder Cattle trade volume picked up big on Monday.  GLOBEX volume on August 2022 Live Cattle was 42,505 contracts.  After gapping lower on the open, Live Cattle futures reversed and closed higher with spreaders actively bull spreading.

Pork exports have been very good especially with the light slaughter. U.S. Retailers are having nationwide specials on pork loins. How long retailers can continue to sell cheap pork is the big question.

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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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