Written Commentary
MORNING LIVESTOCK OUTLOOK
LIVE CATTLE
April Live Cattle aren’t leading the cash market, they are being moved by speculative traders and mostly seeing traders roll out of April and into June and as they do it on Wednesday, they narrow the spread. Exports have been slipping.
LEAN HOGS
Pork prices are up it should be higher. Pork is cheap. Thursday traders will expecting to see strong exports. Weights are about the same as a year ago.
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