News & Resources

DTN Closing Livestock Comment 02/12 15:43

12 Feb 2024
DTN Closing Livestock Comment 02/12 15:43 Traders Eye Monday's Market Cautiously Not much developed Monday as traders kept their safe distance until they better understood what the week's demand outlook looks like. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as the feeder cattle market continued to rally but the live cattle and lean hog markets closed lower. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $1.42 with a weighted average price of $65.21 on 1,161 head. March corn is up 1 1/2 cents per bushel and March soybean meal is up $2.10. The Dow Jones Industrial Average is up 125.69 points.