June Slaughter Levels Push Under 2022 With Contraction Phase
Minimal trade was reported for the start of the week with most participants testing values or monitoring CME prices,...
Trading was mostly quiet today with no changes reported. There was trading for packer BFT done outside of the Chicago rail corridor at a value that would equate to 59.75 Chicago. Market participants were more bullish on their outlook today with soybean oil prices up again and strong demand seen from multiple sectors.
Hog slaughter finished last week at an estimated 2.408 million head, up 1.7 percent ...
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