DTN Closing Livestock Comment 11/05 16:07
5 Nov 2019
DTN Closing Livestock Comment 11/05 16:07 Livestock Contracts Close Mixed Tuesday Lean hog contracts took Tuesday in stride while cattle contracts closed mixed to lower. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Upon tuning into Tuesday afternoon's U.S. Meat Export Federation Call, it's safe to say there is a growing need for both U.S. beef and pork products and it looks fruitful for the upcoming 2020 export opportunities. Hog prices are lower on the National Direct Afternoon Hog Report, down $0.73 with a weighted average of $46.08. December corn is down 1 1/2 cents per bushel and December soybean meal is up $0.30. The Dow Jones Industrial Average is up 30.52 points and NASDAQ is up 1.48 points.