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Livestock Futures Steadily Higher

MORNING LIVESTOCK OUTLOOK

Live Cattle futures were higher Wednesday. August and October moved up to and closed on upper resistance and December on out closed above resistance back to highs of May 6th.

Grazing Cattle

Pork prices have been steadily moving higher. Thursday mornings exports will be important to see if increases in price will affect movement.

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 Learn more about Chris Lehner 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.

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