Written Commentary
LIVESTOCK AM OUTLOOK
The Choice boxed beef market isn’t backing up. Sales Wednesday had Choice beef up 46 cents at $240.75 and morning sales were at $241.30. Demand was strongest on primal rib and loin sections.
Demand should begin to pick up for feeders going into the spring.
Pork net sales at 25,600 were down but if sales maintain at 25,600 as a weekly average it is good for the year. Once again Mexico best and most consistent buyer with Japan following up.
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