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Traders Waiting To See How Exports Will Be

MORNING LIVESTOCK FUTURES OUTLOOK

 

CATTLE COMPLEX 

Live cattle were lower Wednesday with the roll beginning on the 5th business day.  By the close prices remained above the 5 day moving average. Volume was moderately active.

 

 

pigs eating in pens

 

PORK COMPLEX

Lean hog futures were slightly lower except for July with most trading due to roll beginning. Traders are waiting to see how exports will be Thursday.

 

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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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