Explore Special Offers & White Papers from AFS

Live Cattle Futures Bounce Around



Traders are milking that Avian Flu was found in milk.  Tuesday’s news had Live Cattle futures bouncing like a yoyo.  For some reason reporters seem to think dairy milk cows are the same as fed cattle.  Cattle associations need to go out and teach reporters the difference between meat and milk and dairy cows and fed cattle.  But then again, it’s a story reporters can use  because they need a fundamental reason when the reality the market is forward months are moved by formula algorithmic funds that have no idea about the underlying commodity traded.


cattle farmer



Lean Hogs were higher Tuesday on speculative buying. Volume was moderate.  With almost 2 months before June expiration spec traders have control. The CME Pork Index  continues to narrowed to the CME Lean Hog Index for the 4th day.   Beef prices were higher Tuesday with improvements in rib and loin primals with retailers restocking needs and likely a pickup for Mother’s Day on May 12, 2024.

>>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.

Latest News & Market Commentary

Explore Special Offers & White Papers from Archer Financial Services

Get Started

Contact Us Today