Livestock Markets Mostly Higher
Livestock AM Outlook
Live cattle futures were mainly traders bull spreading Tuesday. October was higher with anticipation $110.00 will be paid this week. Packer margins have dropped close to $75.00 over the past month but $350 margins are still big margins.
October Hogs settled $12.45 over Dec gaining 35 cents on Tuesday. In 2018, the spread went off the board with Oct $13.75 over Dec.
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