Explore Special Offers & White Papers from AFS

Livestock Outlook

Download PDF

LIVESTOCK OUTLOOK

Small beef movement to start out the week with movement only 94 total loads. From a week ago there has little change on Choice beef but Select is lower. With small posted daily movement it is likely beef is being contracted farther out than the mandatory reporting of 0 to 21 days.  Big drop on Select rib sections of $12.40 and Select rounds above Choice rounds. Select beef going to trimmings and ground products.

Some region must have a big tomato crop for August and needed bellies. Don’t get too caught up with primal morning and noon daily hog price fluctuations. Large buyers are composite pricing and contracting within swaps market. Compared to last month daily movement has been dropping. But look for another week of strong exports.

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