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Trade Volume Was Light Monday

MORNING LIVESTOCK OUTLOOK

Maybe traders are less concerned about inflation, maybe it is the dog days of summer, or maybe it is nearing the end of summer that put Live Cattle futures prices lower Monday. After last week’s solid move higher on cash cattle, traders aren’t looking for a big up move this week.  More than likely it could be a dull week as the trade waits for the Cattle on Feed report on Friday. Volume was light Monday.

Brown and White Cow

The CME Lean Hog Index narrowed to the CME Pork Index again on Monday.

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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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