Livestock Outlook
Thursday packers paid $1.00 and on a few loads in the Midwest $2.00 more than earlier week prices. Compared to last week, Steers and Heifers sold 1.00 to 5.00 lower.
October, December 2020 and February 2021 Lean hogs were limit up Thursday on fairly active trading. Trading never stopped throughout the day, but individual contracts were limit. Traders are expecting another strong export sales on Friday.
German pig prices fell by 13.6% to 1.27 euros a kg on Friday after a case of African swine fever (ASF) was found. Plus fears china might stop pork imports from Germany following the ASF case.
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