LIVESTOCK AM OUTLOOK
Packers have enough cattle for this week, but time will tell if they are going to push the kill. It has come to a point that packers because of contracting majority of beef and pork know how many cattle they need to complete beef orders far in advance.
China on March 10th will auction 10,000 metric tonnes of pork from storage. They auction pork before the Lunar New Year as they did this year and throughout the year they auction to refresh older pork or to keep pork prices down.
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