Hogs & Pigs Report as Expected
MORNING LIVESTOCK OUTLOOK
The USDA Hogs & Pigs report came out mostly in line with average trade estimates. There was a slight difference with farrowing intentions but since they are intentions, it is likely the market won’t focus a lot on it.
Compared to last week, steers and heifers in the north central and south central regions sold 1.00 higher to 3.00 lower. In the southeast region steers and heifers sold 3.00 to 6.00 lower. Demand was moderate to good.
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