DTN Closing Livestock Comment 01/30 15:44
30 Jan 2024
DTN Closing Livestock Comment 01/30 15:44 Livestock Contracts Walk Higher Yet Again Heading into Wednesday's market, be prepared for the afternoon Cattle Inventory report. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex again walked away with higher prices through the day's end. Wednesday is an important day for the market as the highly awaited Cattle Inventory report will be released. Hog prices averaged $59.40 on the Daily Direct Afternoon Hog Report, with 6,793 head selling and the five-day rolling average now sitting at $56.61. March corn is up 7 1/2 cents per bushel and March soybean meal is up $8.70. The Dow Jones Industrial Average is up 133.86 points.