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Pork Value Under Pressure

LIVESTOCK AM OUTLOOK

On the cash side packers are buying cattle this week $.00 to $2.00 as overfed cattle continue to plague the market.

The primal pork rib market has been holding its strength for a while.  In the U.S.,  “Barbeque” restaurants quickly moved to take out when COVID hit but many customers before COVID 19 already used take out so the move to almost all take was easy. Another reason pork ribs held prices was when China dropped German pork.

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