Beef Export Net Sales Bad
LIVESTOCK AM OUTLOOK
Beef export net sales bad, miserable, and dismal. Only 7,800 metric tons. Nothing you can say good about sales when they are so low. Pork net sales below the average needed each week at 20,900 metric tons.
It has been a long time when cutout value prices were within such a tight price range. However, cutout is slowly increasing and improving.
The pork carcass cutout took a big hit Wednesday, down 2.40 Loins of 5.68, bellies down 28.38 with butts, picnics and ribs all down. If it hadn’t been for hams up 18.07, the cutout would have been a disaster.
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