Written Commentary
MORNING LIVESTOCK OUTLOOK
Cattle numbers are expected to drop but cattle numbers didn’t suddenly fall last week or this week. Packers are controlling the kill. Kill this week is going to be reduced with a winter storm in the northern Midwest followed next week with extreme cold through most of the cattle feeding areas.
Like the National Daily Boxed Beef Cutout, the Daily Pork Report, the prices for primal cuts that change the carcass price go up and down with extreme moves especially the belly market.
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