Written Commentary
Livestock AM Outlook
Trade volume on Lean Hog futures was extremely light Monday. October the most actively traded month on the preliminary volume was 13,110 contracts. December Lean Hogs, the next active month, barely broke 6682 daily contracts.
Monday boxed beef movement was ONLY 73 loads. Last week’s biggest day was ONLY 121 loads. Boxed Beef sales released to the USDA are a drop in the bucket of actual beef movement.
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