Written Commentary
MORNING LIVESTOCK OUTLOOK
Another light export week. Net sales for 2022 at 13,400 MT and for net sales for 2023 only 3,800MT. For 2022 China was absent and for 2023 they took no beef. Mexico using the strength in the Peso was the largest buyer in 2022
Net exports at 25,200mt for 2022 were up from last week . Net sales for 2023 were horrible at 1,000 mt. Exports for 2023 are expected to pick up . Exports were 30,600 mt but very likely by the time sales take place, like 2022, buyers will cancel. Two weeks ago net export sales for 2022 were only 10,800 mt compared to three weeks ago at 47,900 mt.
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