China Pigs Rebound
Cattle Showlists thought to be larger this week aren’t going to be as large as first believed. Midwest/Northern feedlots want $110.00 this week and now are standing firm. Last week packers slaughtered 665,000 head and slaughter this week will be another kill of the same size.
China’s pig herd rebounds after Swine Fever, but pork supply will take time to recover. Pork movement is light compared to all the hogs killed.
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