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Pork Prices Have Improved


Not a lot of change over the week. Traders are uncertain on market direction.   Cash markets were essentially steady. Spread between Southwest and Midwest remains wide and likely will continue to remain wide over next few weeks.

Pork prices have improved over the week.  As of early Friday sales, pork prices on the 5 day average carcass price were up $4.42 compared to a week ago. Pork exports have been very good especially with the light slaughter.  U.S. Retailers are having nationwide specials on pork loins.

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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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