Written Commentary
LIVESTOCK AM OUTLOOK
Compared to last week, steers and heifers sold steady to 3.00 higher, with some calf markets in the Northern Plains being reported 5.00 to 7.00 higher. Demand was moderate to good for all weights of steers and heifers as the calendar gets ready to move to September. Extreme heat across the Midwest and Plains this week again and in many places, humidity was also a factor.
Out of the 4 groups of hogs sold Wednesday none averaged over $100.00. Negotiated hogs averaged $89.53 to formula and contract hogs $85.92 to $98.69. Pork movement was light with a total of 202 loads of pork and 38 loads of trimmings with the 5 day pork carcass at $111.65 down the previous day average .74 cents.
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