DTN Early Word Livestock Comments 03/04 06:23
4 Mar 2021
DTN Early Word Livestock Comments 03/04 06:23 Weekly Exports Hold the Key to Price Potential Live cattle futures were able to hold well despite steady cash trade developing in the South and less money in the North. This is somewhat disappointing, but not completely unexpected. With weakness in futures and boxed beef, it may be difficult to expect higher prices. Hog supplies are expected to tighten as the year progresses, but significant weakness of cutouts may indicate price resistance or increasing supply.