Explore Special Offers & White Papers from ADMIS

Choice Beef Prices Dropped Again


Third day in a row where Choice beef prices dropped.  It certainly looks like the buying for the holiday season is over, but there is the possibility buyers are waiting for prices to back off before they buy more.  Christmas shopping is taking place and consumers look to be holding off  buying on high priced cuts. On last week’s CPI Index, the index was down but food costs remained high.

brown cattle

Trade volume on Lean Hogs was light Monday.  Trading mostly on December 2022 and February 2023 Lean Hogs.  There is still about a month to go on December 2022 Lean Hogs. Traders have recently narrowed the spread between cash and futures and the CME Index has slowly been gaining on the CME Lean Hog Index.  What the market really needs is to see a steady move to the upside for loins and hams and for exports to show that last week’s light exports were just a quick deviation to the strength in exports of the previous 4 weeks.

Read Full Report 

Learn more about Chris Lehner here

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