Packers in the South were active early Saturday morning, bidding +US$ 1 to +US$ 2 over the few early-week sales at US$/cwt 232. These moves prevent the trades from being reported by the USDA. If the USDA continues to assist packers in setting sub-par base prices, packers are expected to rely more heavily on “over-the-top” transactions, according to The AG Center.
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