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Trading in Live Cattle Remains Light


Live cattle trading Thursday was light.  Technically trading moved prices up to the 5 day exponential moving average and then fell off to close slightly higher with bear spreading.

brown cattle

The trade continues to bear spread hogs and likely will  bear spread at least until the December Lean Hogs expire and speculators may change direction of spreads.

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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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