DTN Closing Livestock Comment 12/19 15:55
19 Dec 2019
DTN Closing Livestock Comment 12/19 15:55 Livestock Complex Finds Direction Late Thursday All in all, the livestock complex warmed up Thursday afternoon trying to close higher in all three contracts. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The later part of the week seems to be the livestock market's time to shine if cash prices are in favor of the market trading higher. With all three markets having contracts close higher, the day rallied notable support. Hog prices are lower on the National Direct Afternoon Hog Report, down $0.21 with a weighted average of $47.77. March corn is down 1/2 cent per bushel and January soybean meal is down $4.50. The Dow Jones Industrial Average is up 137.68 points and NASDAQ is up 59.49 points.