Meanwhile Toronto Blue Jays beef plants continue to process cattle at
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Meanwhile, probes 1992 world series beef plants bluejay tickets interprets continue to process cattle at abrisk rate. Cattle slaughter is down from a year ago, due tofewer cattle, but is still higher than what traders hadexpected. "The only thing I see fundamentally is they (beef plants)are keeping the slaughter up. It is an indication that businessis better than they are saying it is," said Jim Clarkson,analyst at A&A Trading.
USDA estimated Monday's cattle slaughter at 130,000 head,unchanged from a week ago and up from 127,000 a year ago aj burnett . At the CME, steady buying by a cash-connected trader liftedcattle futures early bluejays baseball . Fund buying developed about midday topush futures sharply higher and August up the 3-cent limit bluejays baseball tickets . CME June cattle 2LCM9 closed up 2.15 cents, or 2.61percent, at 84.625 cents per lb, and August 2LCQ9 up 3 cents,or 3.64 percent, at 85.400 bluejays cap . Feeder cattle also closed sharply helped by the higher livecattle and by lower CBOT corn futures. The August feeders2FCQ finished 2.75 cents per higher, or 2.78 percent, and ata one-month high of 101.725 cents per lb. Corn closed about 7 cents per bushel lower at the ChicagoBoard of Trade in reaction to forecasts for good crop weatherin the key Midwest growing region.
In addition to August, the September feeders 2FCU9 closedup 2.725 cents, or 2.75 percent, at 101.700 autographed baseball . Nearby hog futures closed higher, defying early forecastsfor a lower market bluejays hat . The gains appeared to be driven by shortcovering after contracts had been pounded lower recently due todisappointing pork sales and weak prices bluejays hats . The USDA Hogs and Pigs Report on Friday was mildlydisappointing to some traders, but the short covering more thanoffset that pressure bluejays jerseys .
Deferred hog contracts finished mostly lower, as expected,because Friday's showed a slower-than-expected liquidation ofthe hog herd baseball managers . The July hogs 2LHN9 closed up 1.325 cents, or 2.34percent, at 58.025 cents per lb and August 2LHQ9 closed up0.925, or 1.6 percent, at 58.625 cents bluejays photos . Pork bellies closed sharply lower in light trading amidtalk of lower cash prices this week bluejay tickets . The July pork bellies 2PBN9 closed down 2.400 cents, or4.11 percent, at 56.000 cents per lb and August 2PBQ9 down2.200 cents, or 3.69 percent, at 57.450 bluejays baseball .
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