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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