DTN Closing Livestock Comment 10/02 16:16
2 Oct 2020
DTN Closing Livestock Comment 10/02 16:16 Livestock Contracts Weaken as the Weekend Approaches Livestock contracts lost their momentum as the weekend approached, but thankfully most of the week's major business was already settled before Friday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Friday's trade was lackadaisical as traders were leery of jumping into the livestock complex and simply let contracts scale lower into the weekend. Hog prices closed lower on the National Direct Afternoon Hog Report, down $0.89 with a weighted average of $63.52 on 4,370 head. December corn is down 3 cents per bushel and December soybean meal is up $4.00. The Dow Jones Industrial Average is down 105.19 points and NASDAQ is down 242.50 points.