Explore Special Offers & White Papers from AFS

Weather Ideal For Feeding Cattle

MORNING LIVESTOCK OUTLOOK

With weights not showing cattle being backed up, there is the likely possibility that this time of the cycle cattle numbers are down.  The past two COF reports showed the lightest placements were heavier feeders and biggest placements should come late spring.  Also, from September through December and now feeding conditions have pushed cattle ahead.  Weather has been almost ideal for feeding cattle.  Feed conversions the last quarter of 2021 were some of the best in years.

The spread between the CME Pork Index and the Pork cutout has been narrowing.  As it narrows, packer profits go down.  Live and carcass weights are steady with a week ago and nearly the same as they were a year ago.

click here for more

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