DTN Closing Livestock Comment 02/10 16:02
10 Feb 2020
DTN Closing Livestock Comment 02/10 16:02 Uneventful Monday in Livestock Contracts Livestock contracts traded in the same fashion as they opened with little excitement throughout the day Monday. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Monday's aren't most people's favorite day of the week but following a soft cash market makes it even worse. The lean hog complex was able to keep the support in the deferred contracts, which helped gain some slight position. Cash hog prices were higher through closing on the National Direct Afternoon Hog Report, up $0.09, with a weighted average of $50.31. March corn is down 1 3/4 cents per bushel and March soybean meal is up $2.10. The Dow Jones Industrial Average is up 174.31 points and NASDAQ is up 107.88 points.