DTN Closing Livestock Comment 01/27 16:21
27 Jan 2022
DTN Closing Livestock Comment 01/27 16:21 Lower Trend Blankets Livestock Futures Ahead of Close As the markets head into the last trading day of the week, they're hopeful that more support will push the contracts higher ahead of the weekend. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed lower Thursday as traders left the marketplace to fend for itself. Hog prices closed higher on the National Direct Afternoon Hog Report, up $5.53 with a weighted average of $73.82 on 5,396 head. March corn is down 1 3/4 cents per bushel and March soybean meal is up $4.20. The Dow Jones Industrial Average is down 7.31 points and NASDAQ is down 189.34 points.