Explore Special Offers & White Papers from ADMIS

Slowing Consumer Demand?

MORNING LIVESTOCK OUTLOOK

click here for full report

August 2021 Live Cattle went off the board Tuesday at $118.95.  With August ending at $118.95, the negativity moved futures down on other months with continued spreading. October closed at $7.95 over August and December is $4.57 over October and $14.52 compared to where August closed.

During September look for high end cuts, primal rib and loin sections to fall from recent highs and chucks, rounds, flanks, and plates to narrow the spreads between rib and loin sections.

The CME Lean Hog Index and Pork Index have been dropping and are keeping a lid on Lean Hog when when they rally.   Volume has been moderate and selling essentially without hedging with futures discount to current cash and discount to October Lean Hogs.

Risk Warning: Investments in Equities, Contracts for Difference (CFDs) in any instrument, Futures, Options, Derivatives and Foreign Exchange can fluctuate in value. Investors should therefore be aware that they may not realise the initial amount invested and may incur additional liabilities. These investments may be subject to above average financial risk of loss. Investors should consider their financial circumstances, investment experience and if it is appropriate to invest. If necessary, seek independent financial advice.

ADM Investor Services International Limited, registered in England No. 2547805, is authorised and regulated by the Financial Conduct Authority [FRN 148474] and is a member of the London Stock Exchange. Registered office: 3rd Floor, The Minster Building, 21 Mincing Lane, London EC3R 7AG.                  

A subsidiary of Archer Daniels Midland Company.

© 2021 ADM Investor Services International Limited.

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 ADMIS

Get Started