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Higher Dollar Weighs on Pork

Livestock AM Outlook

Going into September and October consumer beef buying preferences probably won’t change. High priced cuts are moving, and low end cuts are moving but not as fast. All beef is being sold however.

Pork carcass started out after Labor Day break with strong early gains up $6.52 in the morning but by the afternoon sales hams reversed off morning gains and closed lower and carcass was up only 35 cents. It could be exporters and wholesalers have filled orders and reversal of US Dollar and higher pork will weigh on ham and pork prices.

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