DTN Closing Livestock Comment 12/14 16:06
14 Dec 2021
DTN Closing Livestock Comment 12/14 16:06 Holiday Slug Sneaks Into Livestock Contracts It was another slow, doggish day throughout the livestock marketplace. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is already starting to see the lackadaisical nature of the holidays work its way into their marketplace. The futures market is stagnant and fundamentally the market can't summon any interest nor support. Hog prices closed higher on the National Direct Afternoon Hog Report, up $1.95 with a weighted average of $60.50 on 8,759 head and a five-day rolling average of $59.31. March corn is up 5 1/4 cents per bushel and January soybean meal is up $14.80. The Dow Jones Industrial Average is down 106.77 points and NASDAQ is down 175.64 points.