Written Commentary
LIVESTOCK AM OUTLOOK
Beef net sales for 2021 were 6,300 Metric tons. Net sales for 2022 were even lower at 6000 metric tons. It was a holiday week, but regardless ships need to be booked and storage needs to be arranged. Exports were pitiful.
Demand for feeders has been mostly for the heavier calves partly due to heavier feeders do better in the winter than lighter feeders and the price of light feeders, feedlots are starting out with projected losses.
Only 236.44 loads of pork were sold on the daily market Wednesday. 214.88 loads of pork cuts and 22.06 loads of trimmings. There were 479,000 head killed Wednesday.
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