Hog Slaughter Down For The Week
MORNING LIVESTOCK OUTLOOK
Futures were higher Friday but compared to a week ago, they didn’t do too much. However, it appears traders are beginning to reverse bear spreads as well as buying Live Cattle and selling Lean Hogs.
Slaughter for the week was down as packers buying fewer hogs with negative profit margins. Private hog producers are moving hogs as soon as a packer will take them.
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