Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
LEAN HOGS
Lean hog trade volume was light to moderate Monday. It is obvious traders were spreading, specifically selling live cattle and buying lean hogs. From the close on July 30th, lean hogs have gained about $10.00 on live cattle. Futures are also lower than current cash prices.
FEEDER CATTLE
Feeder cattle ended last week lower, but the news isn’t all negative, traders are bull spreading. As live cattle drop, feedlots are hesitant buyers.
>>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.
