Written Commentary
LIVESTOCK AM OUTLOOK
Light kill week. If packers were making what analysts claim, they would be killing any steer or heifer that came close to being ready and probably some that were not quite finished. Showlist feedlots concerned cattle were turning lower into June, threw in the towel this week.
Weights should be going up this time of year. Weather is ideal for hogs. Buildings are hot or cold. It sure looks like packers are trying to keep lines moving and taking hogs as soon as ready. The Five day carcass average gained $3.24 over the week with loins moving up $4.29 but hams were down $2.74. Ribs, butts, bellies and picnics were all higher. Slaughter was down compared to previous week by 46,000 hogs.
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