Written Commentary
As October Live Cattle goes off the board and Live Cattle futures move into November, keep in mind what happens on the boxed beef market, the cash cattle market and futures market don’t have trade in unison.
Hogs are in the time of the month when cash hogs and pork prices may or may not reflect on what happens in the futures market. Pork cutout because hams Thursday on up side of yoyo. Loins up 60 cents. Total volume very light but seeing demand for increasing similar to what is happening in the beef market. Consumers are beginning to hoard similar to what took place in March.
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