Written Commentary
MORNING LIVESTOCK OUTLOOK
The USDA Hogs & Pigs report came out mostly in line with average trade estimates. There was a slight difference with farrowing intentions but since they are intentions, it is likely the market won’t focus a lot on it.
Compared to last week, steers and heifers in the north central and south central regions sold 1.00 higher to 3.00 lower. In the southeast region steers and heifers sold 3.00 to 6.00 lower. Demand was moderate to good.
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.
