Written Commentary
LIVESTOCK OUTLOOK
Low volume moves higher or lower are concerning and more so when speculative spreading is the major market mover. Beef is moving but it also is moving on light sales. Thursday total movement of boxed beef was only 127 loads.
African Swine Fever in China due to counterfeit vaccinations for ASF. They have isolated herd are where hogs found.
Mexico is large buyer of pork. Looks like they are back after break during holidays. China purchase more than likely taking most of variety meats and offal. Canada should be a good buyer in 2021.
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