DTN Closing Livestock Comment 11/09 16:12
9 Nov 2021
DTN Closing Livestock Comment 11/09 16:12 A Sleepy Tuesday Passed by the Livestock Complex The livestock contracts didn't have an overly dynamic day as the futures were skeptical to do much of anything and cash cattle have yet to trade. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a slow, mostly uneventful Tuesday for the livestock complex. The most noteworthy and market altering news came from the day's WASDE report where cattle were met with a supportive report, but the lean hog market found a mixed message. Hog prices closed lower on the National Direct Afternoon Hog Report, down $0.37 with a weighted average of $58.66 on 10,565 head. December corn is up 3 1/4 cents per bushel and December soybean meal is up $10.70. The Dow Jones Industrial Average is down 112.24 points and NASDAQ is down 95.82 points.