Written Commentary
MORNING LIVESTOCK OUTLOOK
Beef has been slowly moving down and it is the rib and loin primals that are dropping the most. September is not a big time for beef. Consumers are this year paying off high credit card bills for gas and vacations. Cattle weights are increasing in the Midwest and packers won’t need to pay big premiums to get feedlots to keep cattle longer.
Hog slaughter increasing is also helping packers. When a packer has gaps on the line, may have to slow the line or works short hours, fixed costs per hog cuts into margins.
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.
