Live Cattle, Lean Hogs Higher
Livestock Morning Outlook
Packers did pay up for cattle this week during the first week of contracting. Often they have enough at least the first week of a new month. Paying more suggests they need cattle.
As of Friday, August 7th the pork carcass cut has definitely improved over a week ago. The carcass is up $6.62, Loins up $3.60 and hams the big driver of the up move are up $9.81. Bellies also were stronger up $12.22.
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