Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
Beef fell again on Thursday. It is a little early for demand for the end of the year holidays, but not too far. Beef will be needed.
Beef exports to China have completely stopped because China has removed all US storage and packing plants.
PORK COMPLEX
The Hogs and Pigs report is friendly. Actual numbers compared to estimates were just slightly lower. United States Hog Inventory Down 1 Percent. There is a continuation of the increasing of pigs per litter.
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