DTN Closing Livestock Comment 11/04 16:16
4 Nov 2020
DTN Closing Livestock Comment 11/04 16:16 Livestock Contracts Close With Full Support Wednesday was a fruitful day for the livestock complex as all three contracts closed stronger. ShayLe Stewart DTN Livestock Analyst The livestock complex closed fully higher Wednesday afternoon as support continued to grow and develop throughout the day. Cattle contracts were leery at the beginning of the day but ultimately closed stronger alongside the hog market. Hog prices closed higher on the National Direct Afternoon Hog Report, up $1.49 with a weighted average of $61.28 on 10,095 head. December corn closed up 4 1/4 cents per bushel, and December soybean meal was up $8.50. The Dow Jones Industrial Average was up 367.63 points, and NASDAQ was up 430.21 points.