Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
LIVE CATTLE
Live Cattle futures trade was light Wednesday. Futures are higher for the week but traders are waiting for confirmation of cash. Traders are expecting strong beef demand for spring and a drop in cattle.
LEAN HOGS
The CME Lean Hog Index to the CME Pork Index and has been narrowing but still shows a positive packer margin. It is something that needs to be watched.
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