Written Commentary
MORNING LIVESTOCK OUTLOOK
Feedlots in the Southwest will be watching long range weather reports next year. If forecasts are for a repeat of 2022, there will be fewer feeders bought and put on pastures especially if watering cattle depends on creeks, rivers and ponds. Cow/calf producers are going to need to add more acres per cow meaning fewer feeders.
To keep the price of pork up, it appears packers have been stalling hogs from slaughter. As soon as the kill increased, pork tumbled. Something doesn’t add up.
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