DTN Closing Livestock Comment 02/27 16:08
27 Feb 2020
DTN Closing Livestock Comment 02/27 16:08 Livestock Futures Lower Again Thursday The effects of the coronavirus have been relentless as contracts keep tipping lower. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Another day of emotionally fueled market uncertainty strikes the livestock sector; leaves the complex exhausted and inconclusive about what's to come in the upcoming days. Hog prices are higher on the National Direct Afternoon Hog Report, up $0.20 with a weighted average of $50.22. May corn is down 6 1/2 cents per bushel and May soybean meal is up $5.30. The Dow Jones Industrial Average is down 1,190.95 points and NASDAQ is down 414.29 points.