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Cattle Prices Fall Lower


Boxed beef falling on 228 loads with 132 loads of Choice beef down 6.76. With 228 loads the largest movement over past 8 days, it looks as though packers are not only selling beef lower but dumping it.

Ham and loins both down on Wednesday with loins breaking $70 and hams below $90. At this time of year it isn’t positive. If it wasn’t for Mexico hams and bellies would be much lower. Cheap dollar is benefit for Mexico.

2020 year to date hog slaughter is  close to 1% above 2019.

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