Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
Slaughter was down 15,000 head compared to a week ago due to the fort morgan Cargill plant being dark, but it is expected to be up on October 13th.
PORK COMPLEX
US consumers may be eating more pork, but it is due to increased processed pork such as ground pork and products like sausage. Pork sales of trimmings have been increasing.
Lower exports are hurting pork prices with global production up and taking away US business.
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