DTN Closing Livestock Comment 09/11 16:08
11 Sep 2020
DTN Closing Livestock Comment 09/11 16:08 Livestock Contracts Head Into the Weekend Fully Higher The livestock sector is gearing for another fruitful week after closing Friday fully higher in all three livestock markets. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thanks to the momentum fueled by the lean hog market, the livestock complex closed fully higher. Heading into next week, the cash cattle market is going to be anxious to try to pull off steady trade, and hog producers are hoping the market's support sustains. Hog prices closed higher on the National Direct Afternoon Hog Report, up $1.72 with a weighted average of $54.40 on 8,118 head. December corn is up 3 1/2 cents per bushel and December soybean meal is up $7.10. The Dow Jones Industrial Average is up 131.06 points and NASDAQ is down 66.05 points.