Cash-hog bids in the Midwest are expected to range from flat to about 50c/hundredweight lower on sluggish packer demand. While processing margins remain positive, packers may have problems selling pork near-term as Thanksgiving approaches, say livestock dealers. Wholesale-pork prices fell $1.19 Tuesday to $85.30. Meanwhile, projections for Saturday's slaughter are 190-200K head, putting the week's total near 2.36M. Also, 3 plants are expected to be closed Monday in observance of Veterans Day. Terminal markets are predicted to trade generally flat today. (curt.thacker@dowjones.com)

(END) Dow Jones Newswires

November 07, 2012 08:17 ET (13:17 GMT)