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Mixed Outlook for Livestock

MORNING LIVESTOCK OUTLOOK

Choice box beef took a hit Tuesday falling $4.35 on 112 loads.  The 5 day average at $240.20 is $5.52 above Tuesdays price.

If pork prices are so strong, why were hogs down Tuesday. April is a long time from the present. Time and time again when trading is in a non-spot market, commodities don’t have to follow what is happening in the cash markets.  Tuesday was a good example.

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