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Lean Hogs Mixed in Light Trading

MORNING LIVESTOCK OUTLOOK

The boxed beef market for current needs is negative, but traders are looking at cattle prices improving. Live Cattle futures were higher as traders bull spread cattle and they also bought cattle and sold hogs.

piglets behind fencing

Futures trading was light Monday and Lean Hogs mixed.  Traders were buying cattle and selling hogs on the spreads. The CME Lean Hog Index is trading $2.64 below February Lean Hogs

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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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