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Beef Continues to Advance

DAILY LIVESTOCK OUTLOOK

The boxed beef and daily pork market are in a battle between the big buyers that have beef and pork forward contracted that buy on various long term purchase programs and buyers that buy hand to mouth.

It appears packers have enough cattle and this week packers are buying for first week in May so they can pull contracted cattle and their own cattle before buying showlist.

Hog weights are dropping.  Kill is not large.  Packers are current, maybe too current.

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