DTN Closing Livestock Comment 11/10 16:02
10 Nov 2020
DTN Closing Livestock Comment 11/10 16:02 Boxed Beef Prices Print Stronger The live cattle market is slowly but surely taking advantage of the market's technical willingness and fundamental advancements. ShayLe Stewart DTN Livestock Analyst Even though Tuesday's trade wasn't as bellringing as Monday's trade, the live cattle market still walked away with considerable wins. The feeder cattle market and lean hog market didn't fare as well, but neither one gave up lofty positioning. Cash prices closed lower on the National Direct Afternoon Hog Report, down $0.59 with a weighted average of $60.34 on 8,180 head. December corn is up 15 1/2 cents per bushel and December soybean meal is up $10.70. The Dow Jones Industrial Average is up 262.95 points and NASDAQ is down 159.92 points.