Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
Friday’s trade volume was very light.
There was little change in the CME Boxed Beef Index from a week ago. There is more daily movement indicating packers aren’t filling as much previously contracted beef orders indicating contract beef buyers have their beef contracts filled.
LEAN HOG COMPLEX
Lean hog trade volume was very light Friday.
Spain halts pork exports to China after first case of African Swine Flu in three decades – Reuters news
- Spain leads EU in pork production
- China deal allows regional import restrictions for disease
- Virus spreading in Europe, affecting pork in Germany and Croatia
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