Beef, pork on opposite ends

Beef, pork on opposite ends

Large supply pressuring hog prices, while tight supply continues to support beef prices.

TYPICALLY, pork cutout prices increase in late June, but a large supply seems to be limiting the increase this year, according to Len Steiner and Steve Meyer in the "Daily Livestock Report."

"A number of items that normally support the cutout at this time of year have failed to generate much upward momentum," they noted.

The loin cutout last Thursday was quoted at $93.06/cwt., which was higher than the previous close but sti

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