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LC Remain in Sideways Move

MORNING LIVESTOCK FUTURES OUTLOOK

LIVE CATTLE

Futures were up Tuesday but remain in a sideways move.  Traders are unsure what to do. Packers have cut hours as to not battle over available cattle.

 

cattle

 

FEEDER CATTLE

Feeder Cattle trade volume is light.

LEAN HOGS

Lean Hogs moved up Tuesday. Biggest change is the drop in weights. Kill has been down for the past 4 days and weights are down. This indicated hogs are likely being pulled forward.

>>Read full report here

 

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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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