DTN Closing Livestock Comment 01/09 16:04
9 Jan 2020
DTN Closing Livestock Comment 01/09 16:04 The Livestock Complex Closes Mixed Cattle contracts closed the day mostly higher; fully higher in the live cattle market while mixed in the feeder cattle market and lower for lean hogs. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thursday afternoon treated most of the livestock sector well; cash hog prices inched up, boxed beef prices closed higher and the live cattle contracts closed higher throughout the board. Hog prices are higher on the National Direct Afternoon Hog Report, up $0.45 with a weighted average of $51.12. March corn is down 1 cent per bushel and March soybean meal is down $1.00. The Dow Jones Industrial Average is up 196.65 points and NASDAQ is up 64.78 points.