date:Nov 01, 2012
report pegged choice cutouts 67 cents higher while select cutouts dropped $1.20. Movement in the cash market picked up yesterday with prices steady to lower.
Lean hog futures are called to open mixed this morning. Follow through buying is anticipated to lift futures at the start of pit trade; however, weakening fundamentals are expected to add pressure. Demand is expected to pick up as consumers, grocers, etc will need to replenish food items lost due to lack of power. Cash prices are also call