Written Commentary
MORNING LIVESTOCK OUTLOOK
Not a lot of change over the week. Traders are uncertain on market direction. Cash markets were essentially steady. Spread between Southwest and Midwest remains wide and likely will continue to remain wide over next few weeks.
Pork prices have improved over the week. As of early Friday sales, pork prices on the 5 day average carcass price were up $4.42 compared to a week ago. Pork exports have been very good especially with the light slaughter. U.S. Retailers are having nationwide specials on pork loins.
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