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Demand Slides For Beef

MORNING LIVESTOCK OUTLOOK

Boxed beef appears to have  found support for primal Rounds, Chucks and Loins. But Rib sections continue slide. Normally, December isn’t the time of year these cuts move up unless they are being purchased for further processing to go into ground beef and processed beef products.

Pork finish up 87 cents yesterday with bellies leading the way. Loins were up 1.58 but hams were down 4.12. Butts dropped 3.71 and ribs up 3.30.  The five day average lost nearly $1.00.

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