Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
LIVE CATTLE
Beef prices dropped with biggest drop on Select beef. Choice Beef prices are supported on top cuts, rib and loin primals as buyers fill needs for the holidays. Live Cattle December through April are bear spread as are Live Cattle October 2024 into 2025.
LEAN HOGS
Lean Hogs ran up to resistance and highs late September. Funds rolling a big part of trade. Lean Hogs are bear spread December through April. The daily pork market changed little compared to a week ago.
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