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Moderate Volume in Livestock

LIVESTOCK MORNING OUTLOOK

Packers killed a few more cattle Thursday. The severe cold is beginning to move out of central and lower plains. Over the weekend parts of the Midwest are expecting snow but by next week many areas of the cattle feeding states will see average to slightly above daytime temperatures.

Hog spreads reversed Wednesday and Thursday It is too early to tell if it is profit taking or have traders are reversing spreads moving into March.

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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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