Written Commentary
LIVESTOCK AM OUTLOOK
The demand for grass feeders was strong this spring. The Cattle on Feed report showed fewer light cattle on feed. As feeders are moved off grass late summer into fall, the number of feeders going into feedlots SHOULD increase. However, it appears the numbers will be fewer than a year ago.
Only 194 loads of pork cuts moved Monday. If this was 20 years ago, low movement meant weekend shopping was low, it would be concerning. But, now with most meat previously contracted and with current higher prices, it shows there isn’t the pork available to meet the hand to mouth buyers and they have to pay whatever the seller offers.
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