DTN Closing Livestock Comment 03/18 16:10
18 Mar 2020
DTN Closing Livestock Comment 03/18 16:10 Livestock Contracts Head Lower, Again Although some contracts headed into the early afternoon slightly higher, the day ticked on and all three livestock contracts closed fully lower Wednesday. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Unfortunately, Wednesday wasn't as kind to the marketplace as Tuesday was and left all three markets closing lower. Hog prices closed $0.69 higher on the National Direct Afternoon Hog Report, equating to a weighted average of $56.23. May corn is down 8 3/4 cents per bushel and May soybean meal is up $5.70. The Dow Jones Industrial Average is down 1,338.46 points and NASDAQ is down 344.94 points.