DTN Closing Livestock Comment 12/18 16:05
18 Dec 2020
DTN Closing Livestock Comment 12/18 16:05 A Week of Strong Developments in the Livestock Arena As the year gets one week closer to the grand finally of 2020, the livestock contracts built substantial support. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It may have seemed like just another week came and gone for the livestock contracts, but when you dive into the fine details of the market, all the livestock contracts saw positive developments this past week. Hog prices closed lower on the National Direct Afternoon Hog Report, down $1.16 with a weighted average of $51.09 on 5,672 head. March corn is up 5 cents per bushel and January soybean meal is up $7.60. The Dow Jones Industrial Average is down 159.43 points and NASDAQ is down 79.35 points.