DTN Early Word Livestock Comments 08/05 06:27
Which Way Do We Go?
Higher cash seems to be in order this week as there has been some light
cattle trade $3.00 higher. This will increase the resolve of feedlots to hold
out for better bids. Hogs may be building a strong base of support as they
continue to trade in a sideways range. Packers are expected to keep cash prices
steady this week.
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