Livestock markets prepare for supply changes ahead. December 21, 2020
Futures started the day off with concern over a new virus strain in the UK. Questions about renewed country by country border closures, and their impact on economic activity, remain front an center. For cattle, some of today's rebound from morning lows was likely due to Friday's Cattle on Feed report. For hogs, traders are realizing Wednesday's report may signal better pricing for 2021.
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