Written Commentary
LIVESTOCK AM OUTLOOK
Packers are buying this week for short kill with Thanksgiving break next Thursday. They will kill Friday and Saturday. Union rules normally require workers to be at work following holidays in order to get holiday pay unless scheduled for vacation. But it will be a short week followed by a buy during the first week of December when packers start the month with their own cattle and contracted cattle. If beef continues to drop, packers probably won’t be aggressive buyers.
Pork cutout starting out on light volume trade. Primal cuts fluctuating because of light volume but heading lower. Cash hogs down.
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