Written Commentary
MORNING LIVESTOCK OUTLOOK
Beef export net sales disappointing South Korea the top buyer for 2021 only took 3300 MT Japan biggest buyer last week took just 4000 MT. Futures on Wednesday excited to see Texas cattle bring on the Fed Cattle Auction up to $122.00.
Trade volume on Lean Hogs was extremely light Wednesday. Export net sales of 38,800 MT very good with China top buyer for week followed by Mexico. With number of head now killed in the US, net sales over 27,000 MT is keeping pork moving.
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