DTN Closing Livestock Comment 10/07 16:06
7 Oct 2019
DTN Closing Livestock Comment 10/07 16:06 Monday was ... a Monday Monday may have come and passed like a typical Monday does, but there is still a lot in store for this week to unveil. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex fared the start of the week as expected. Live cattle contracts keep showing bits of light, feeder cattle contracts are in the same downward trend as last week and the lean hog sector struggles the most. Hog prices are up $0.53 on the National Direct Afternoon Hog Report, with a weighted average of $49.19. December corn is up 2 1/4 cents per bushel and December soybean meal is down $1.60. The Dow Jones Industrial Average is down 96.44 points and NASDAQ is down 26.18 points.