Written Commentary
LIVESTOCK AM OUTLOOK
Choice beef was slightly higher Tuesday. After a three day 4th of July weekend it appears more steaks, rib and loin sections, and Choice briskets were grilled and smoked than anticipated and hand to mouth retailers were refilling shortened supplies.
Hog numbers are dropping as are weights and that does give a positive aspect to the market. Part of the trouble is not the numbers in the US – but globally.
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