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Hog Market Posted Contract Highs

LIVESTOCK AM OUTLOOK

As of December 18th, steer and heifer dressed weights were 896.8 pounds down 3 pounds from previous week.  So far, it doesn’t appear cattle are being backed up unless packers are taking contracted cattle and their own cattle and leaving showlist cattle on feed.

Pork production totaled 2.40 billion pounds, down 4 percent from the previous year. Hog slaughter totaled 11.1 million head, down 4 percent from December 2020. The average live weight was down 2 pounds from the previous year, at 292 pounds.

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