Written Commentary
LIVESTOCK AM OUTLOOK
Cattle rallied Tuesday but closed a $1.00 or more off their highs. Besides being higher, it is hard to say why they rallied other than they shouldn’t have dropped as they did on Monday.
Lean Hogs played yoyos on Tuesday. They opened steady to slightly higher, worked just slightly lower, then moved higher looking like they would reverse Monday’s down turn and closed slightly higher. Volume was light.
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