Written Commentary
LIVESTOCK AM OUTLOOK
Packers in the US are starting to complain about labor shortages. Finding workers in the packing industry was a major problem before COVID 19. Now that other industries are going back to work, workers can find other jobs than less desirable and working conditions within the packing industry.
Feeder futures were higher for the week.
Pork and hogs decided to go their opposite ways this week. As of the early sales Friday the carcass was up $2.13 on the 5 day average and from a week ago it was up $2.61. Loins were up $5.42 on the 5 day average, but hams were down $7.68. As usually, buts and ribs led the carcass higher with picnics a little over 3.00 higher. Bellies were about $3.00.
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