Explore Special Offers & White Papers from AFS

Trade Volume Might Remain Quiet



Traders didn’t seem to care about the Cattle on Feed Report on Monday.  Trade volume for a post report day was quiet and trade volume this week might remain quiet.

Going forward, looking at how cash cattle are now priced is significant.  With the August futures discount to cash, feedlots will continue selling light cattle and grading percent remains low.   The spread between boxed Choice and Select beef is widening but on a down market, it means there is too much Select.



Daily pork sales have been light. Only one day over the past 3 days has total movement been over 300 total loads.  Pork prices on light sales have moved higher.  Butts and ribs have been the best movers, but loins have also gained over the past month.  Hams were higher Monday, but at the average 5 day price of 85.39 still are cheap.

Read more here

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.

Latest News & Market Commentary

Explore Special Offers & White Papers from Archer Financial Services

Get Started

Contact Chris Lehner Today