Hogs Are Technically Weak
LIVESTOCK AM OUTLOOK
The percentage and the amount of loads of Select beef to Choice beef is too narrow. The US kills over 80% Choice cattle but moving too many loads of Select compared to Choice.
US is trying to fixed problems with transportation. West Coast ports are going to 24 hour and 7 day a week schedule to try to alleviate port problems. This could help move more meat and agricultural products.
Hogs were down Tuesday and technically weak but not weak enough to fill gaps left from the September Hogs and Pigs report.
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