Livestock Markets

To get back to profits, the industry must secure more markets for U.S. pork or further reduce the rate of expansion.

Today's Cattle on Feed report lightens the potential supply we were fearing for the coming spring/summer. There should be some higher trade on Monday.

While the Chinese government is taking aggressive action to eliminate hogs where cases are reported, it puts the world on alert that a drawdown in China’s hog herd is possible.

The dairy industry continues to struggle financially.

The supply and demand fundamentals continue to balance each other well, which is why prices continue to chop and traded in this sideways pattern. Yet be aware of what might be lurking ahead.

Hog slaughter for the week came to 2.215 million head, according to USDA’s weekly packer survey.