DTN Closing Livestock Comment 02/11 16:02
11 Feb 2022
DTN Closing Livestock Comment 02/11 16:02 Livestock Contracts Trade Mixed Into Weekend Following Thursday's lower ascent through the futures market, the contracts struggled in Friday's market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex faced some pressure Friday and largely the cattle complex didn't have much luck in rallying. But both the deferred live cattle and lean hog contracts walked into the weekend slightly higher. Hog prices closed lower on the National Direct Afternoon Hog Report, down $0.28 with a weighted average of $82.36 on 4,884 head. March corn is up 9 1/4 cents per bushel and March soybean meal is up $2.60. The Dow Jones Industrial Average is down 503.53 points and NASDAQ is down 394.49 points.