Livestock Futures Set for Firm Opening
Expect live and feeder contracts to start out moderately higher, supported by short covering, improving carcass value, and positioning before cash business and on feed news.
By John Harrington DTN Livestock Analyst
Cattle: Steady Futures: 10-30 HR Live Equiv $141.50 + 0.87* Hogs: Cash 0.50-$1 HR Futures: 10-30 HR Lean Equiv $ 98.98 +$1.02** * based on formula estimating live cattle equivalent of gross packer revenue ** based on formula estimating lean hog equivalent of gross packer revenue
Read More
http://sweetfutures.com/2013/dtn-morning-comments-on-livestock-15/
The risk of trading futures and options can be substantial. Trading foreign exchange carries a high degree of risk, and may not be suitable for all investors. All information, publications, and reports, including this specific material, used and distributed by Sweet Futures 1, LLC shall be construed as a solicitation. Sweet Futures 1 does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71. This website contains information obtained from sources believed to be reliable, but its accuracy is not guaranteed by Sweet Futures 1. Past performance is not necessarily indicative of future results.
