Pressure on cash hogs was seen on Monday. This fits into our short term concern about more than adequate supplies of market ready hogs along with a report out today which should show a pretty heavy pace of expansion in the industry.
There’s been a lot of attention paid to how Canada’s oil boom has helped make gasoline cheaper. What many people may not realize is that the boom is also driving up the prices they pay for burgers and steaks.
A winter weather advisory was issued for South Dakota, the Southern half of Minnesota, and the Northern half of Wisconsin. On the feedlot side, the number of live cattle impacted is not going to be a problem.