Market Activity

Trading out of the Mo. River market consolidated with action seen $240 – 245 for 3 and 15 loads, respectively. Sources continue to report pressure from cheaper porcine material, but exports are offering some relief. Cattle kills, while stonger than last week are, still below 600k for the week. Next week and the subsequent weeks should bring bigger numbers ahead of the Memorial Day and July 4 holidays.

Figure 1.

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