DTN Closing Livestock Comment 12/31 17:29
31 Dec 2018
DTN Closing Livestock Comment 12/31 17:29 Lean Hog Futures Close 2018 Mostly Higher Hog futures settled moderately higher for the most part, supported by short covering in light volume. The cattle complex closed with uneven price action. By John Harrington DTN Livestock Analyst GENERAL COMMENTS: Cattle buyers limited their efforts Monday to the assessment of new showlists. Ready numbers are larger in all areas, especially Texas and Nebraska. The national hog carcass base closed $0.35 higher ($41.00 to $47.00, weighted average, $45.65). March corn traded lower most of Monday on light volume, ending the final session of 2018 down a half-cent at $3.75. The stock market closed a very volatile December on the right side of the ball with the Dow up 265 points and the Nasdaq positive by 50.