DTN Closing Livestock Comment 03/23 16:07
23 Mar 2020
DTN Closing Livestock Comment 03/23 16:07 Cattle Close Limit Higher Monday came in with a fresh start and a new attitude heading into the new week. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The new week has folks hopeful that cash markets may be able to push prices higher, and Monday's closing of fully limit higher prices boosts that momentum. Cash hog prices closed substantially higher on the National Direct Afternoon Hog Report, up $1.08 with a weighted average of $57.41. May corn is down 1/4 cent per bushel and May soybean meal is up $8.40. The Dow Jones Industrial Average is down 582.05 points and NASDAQ is down 18.85 points.