DTN Closing Livestock Comment 11/08 16:17
8 Nov 2019
DTN Closing Livestock Comment 11/08 16:17 Livestock Markets Closed Higher Than Anticipated Friday Livestock markets closed the week mostly mixed, though slightly higher in the live cattle sector. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Livestock markets were able to close the week a tick higher than expected. Around the noon hour Friday things weren't looking too positive for the lean hog market or feeder cattle market, but despite criticism both markets closed mixed and the live cattle market closed modestly higher. Hog prices are down on the National Direct Afternoon Hog Report, down $0.39 with a weighted average of $44.85. December corn is up 2 cents per bushel and December soybean meal is down $0.70. The Dow Jones Industrial Average is up 6.44 points and NASDAQ is up 40.79 points.