DTN Closing Livestock Comment 06/23 16:15
23 Jun 2020
DTN Closing Livestock Comment 06/23 16:15 Livestock Contracts Capture a Strong Closing Through Tuesday Monday may have been rough on the livestock complex, but the contracts were ready to take advantage of Tuesday's trading hours. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex fared extremely well (other than the cash cattle market) as all three contracts were able to close higher, and even the cash hog market closed stronger. Cash hog prices held strong and closed higher on the National Direct Afternoon Hog Report, up $0.29 with a weighted average of $28.68 on 9,930 head. July corn is down 3 1/4 cents per bushel and July soybean meal is down $0.20. The Dow Jones Industrial Average is up 131.14 points and NASDAQ is up 74.90 points.