DTN Closing Livestock Comment 08/21 16:16
21 Aug 2020
DTN Closing Livestock Comment 08/21 16:16 Livestock Contracts Closed Fully Lower Friday Cattle contracts weren't interested in trading higher one bit through Friday's trade. Meanwhile, lean hog contracts tried early in the day but were still unsuccessful. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Livestock contracts tried trading higher in the early part of the week. but as time grew shorter for the week's trade, pressure continued to build and contracts closed lower. Hog prices closed higher on the National Direct Afternoon Hog Report, up $0.96 with a weighted average of $40.20 on 5,791 head. December corn is up 1 1/4 cents per bushel and December soybean meal is down $3.10. The Dow Jones Industrial Average is up 190.60 points and NASDAQ is up 46.85 points.