DTN Closing Livestock Comment 01/13 16:14
13 Jan 2020
DTN Closing Livestock Comment 01/13 16:14 Good to See Monday Go Monday came with unfruitful trade as all three livestock markets closed lower. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Feeder cattle and lean hog contracts closed far lower than the live cattle contracts did. A Monday fluke, lower cash cattle or questions about Iran could all be factors putting the market in an early week slump. Hog prices are higher on the National Direct Afternoon Hog Report, up $0.13 with a weighted average of $50.55. March corn is up 3 3/4 cents per bushel and March soybean meal is up $0.30. The Dow Jones Industrial Average is up 83.28 points and NASDAQ is up 95.07 points.