Mixed results ๐Ÿ”€

swine o'clock Jan 18, 2023

๐Ÿท Chicago Mercantile Exchange (CME) lean hog futures ended mixed last week, as pressure from weak cash hog prices and ample supplies was offset by a sharply higher wholesale pork carcass cutout value.

๐Ÿฎ As for the live cattle futures, they ended mostly firm, underpinned by tight supplies, lower cattle slaughter weights and limited beef production due to harsh winter weather.

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