Time to sell cattle, buy hogs

Time to sell cattle, buy hogs

Cattle prices soar on tight supply as pork production increase pressures hog prices.

THE fed cattle market shattered records as live sales in all five feeding regions traded at an unprecedented high of $170/cwt. Cash fed cattle accelerating past the highs established last summer is a reflection of the limited supply of feeders.

On Oct. 24, the U.S. Department of Agriculture released its latest "Cattle on Feed" report. Overall, the highly anticipated report contained no earth-shattering information, which market participants viewed

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