DTN Closing Livestock Comment 07/19 16:14
19 Jul 2019
DTN Closing Livestock Comment 07/19 16:14 Hog Futures Lead Complex Higher Active support pushed nearby contracts to triple-digit gains as a combination of fundamental and technical support led late week rallies. This broke through short-term resistance levels, setting month-long highs. By Rick Kment DTN Analyst GENERAL COMMENTS: From Friday to Friday, livestock futures scored the following changes: Aug live cattle (LC) off $0.87 Oct LC off $1.47; Aug feeder cattle (FC) off $1.63 Sep FC off $2.75; Aug lean hogs (LH) up $3.22 Oct LH up $5.71