DTN Closing Livestock Comment 12/27 16:07
27 Dec 2019
DTN Closing Livestock Comment 12/27 16:07 Old Saint Nick Had One Last Present for Cash Markets The livestock futures market needed a day to rest, but cash markets took Friday with stride. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Cash cattle sellers and hog producers with hogs to sell were treated with one last gift of the year. Both cash markets closed out the week higher while the futures market was mostly steady after Thursday's push. Cash hog prices are higher on National Direct Afternoon Hog Report, up $0.39 with a weighted average of $49.06. March corn is up 1 1/2 cents per bushel and March soybean meal is down $3.60. The Dow Jones Industrial Average is up 23.87 points and NASDAQ is down 15.77 points.