Explore Special Offers & White Papers from AFS

Light Volume on Report Day

LIVESTOCK AM OUTLOOK

September is a month when retail beef slows and so far has been a fairly normal month. There is a lot of nervousness from COVID to the global economy.  As reported on  Wednesday, global beef supplies and  global competition to sell beef is going to be a large part of fundamentals ahead. Traders waiting for today’s Cattle on Feed Report

There wasn’t much change in the Pork Carcass price from last week’s 5 day average.  Pork sales were light through the week but other than some daily ups and downs on some primal cuts, mostly hams,  daily pork steady helped profit margins for the packer with hog prices were down. Expect another light volume trading day as traders wait for the Hogs and Pigs report.

click here for full report

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.

Latest News & Market Commentary

Explore Special Offers & White Papers from Archer Financial Services

Get Started

Contact Chris Lehner Today