DTN Closing Livestock Comment 07/01 16:07
1 Jul 2022
DTN Closing Livestock Comment 07/01 16:07 Livestock Contracts Charge Higher Ahead of the 4th of July Holiday Heading into next week's market both the live cattle and lean hog markets have their work cut out for them. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: By Friday's end, the livestock contracts were able to walk away from the market with a mostly higher conclusion. But heading into next week's market, the live cattle and lean hog contracts will again be looking for support as their markets are wavering. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $4.69 with a weighted average of $114.22 on 4,439 head. December corn is down 12 1/4 cents per bushel and December soybean meal is down $17.50.