Explore Special Offers & White Papers from ADMIS

Lean Hogs Were Followers


Hog trade volume was active Monday especially for December 2022 Lean Hogs. 2023 Lean Hogs were followers with mediocre trading.  There is a good reason hogs  gained as much as they did. Futures gained on the spread between current cash and where October settled and the December 2022 Lean Hog price.

happy hogs

Boxed beef  prices were mostly steady last week but, Monday boxed beef sales broke out to the upside during trading hours helping to put Live Cattle prices higher.  Choice beef was up $1.16 and Select beef gained $267.  Movement wasn’t large indicating packers are filling previously contracted orders first and then offering available beef on the daily market.  Low daily movement with higher prices is normally friendly for boxed beef.

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