Written Commentary
MORNING LIVESTOCK OUTLOOK
It may have been the Cattle on Feed Report that dropped Live Cattle prices on Monday or that boxed beef has been falling off recent highs but the entire commodity complex except for corn was in the red. China has big problems with COVID. The US Dollar continues to move up. Inflation is a concern .
Pork has been slipping off highs made last week. Weakness in loins and hams. Summer meats holding up, ribs, picnics and butts.
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