Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
LIVE CATTLE
LC trade volume for a few weeks has been light to moderate but Wednesday there was an increase in volume. On May 3rd the Monthly US Livestock and Meat trade report will be released. Expect increasing beef, feeder cattle, breeding cattle imports to the U.S.
LEAN HOGS
The pork market is showing strength for loins. Over the past 5 days, loins have moved up every day. Bellies were down 9.57 on morning sales. Thursday’s exports will be important. Last week’s exports were down 25% from the 4 week average.
>>Read full report here
Interested in more futures markets? Explore our Market Dashboards 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.
