Pork Wrap April 30
Download PDF Something changed this week in the hog and pork complex. For once,everything did not move higher. The pork cutout dropped nearly $5 on aweekly average basis. That drop was driven almost exclusively by weakness in the belly primal, which lost $34 this week and is now at its lowest level since early February. …
Beef Wrap April 30
Download PDF Cash cattle averaged close to $119 this week, down about $2 fromlast week’s average. The cutouts were headed in the otherdirection, with the Choice gaining $11.60 on a weekly average basisand the Select up $7.68. At the end of the week, the Choice cutoutwas approaching $297 and yes, I had to revise all …