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Feedstuffs' weekly outlook reports U.S. weekly cattle slaughter rebounded to 642,000 head, above year-ago levels, with cow slaughter rising seasonally. Ham prices are holding firm despite larger supplies, supported by Mexican demand for larger hams.
Heavier slaughter supports ample meat supply that weighs on feed demand, while firm ham pricing signals steady pork margins for feed buyers.
feedstuffs.comNov 7, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
