Hog Traders Wait For Export Sales
MORNING LIVESTOCK OUTLOOK
Lean Hogs moved higher Tuesday on technical buying after making lows on Monday but not being able to keep lows. Volume was light to moderate on Tuesday. Hog traders are going to be waiting to see how exports do this week.
Kill this week is going to be reduced with a winter storm in the northern Midwest followed next week with extreme cold through most of the cattle feeding areas.
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.