DTN Closing Livestock Comment 02/14 16:14
14 Feb 2022
DTN Closing Livestock Comment 02/14 16:14 Higher Closes Seen in Livestock Contracts The livestock contracts closed mostly higher as the futures market was supported throughout Monday's trade. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed mostly higher Monday. Heading into Tuesday's trade, the market could see follow-through interest as the market's fundamentals should hold strong but given the fact that tensions have grown more strained with Russia and the Ukraine, the markets could be volatile as well. Hog prices closed higher on the National Direct Afternoon Hog Report, up $4.15 with a weighted average of $86.51 on 5,559 head. March corn is up 4 3/4 cents per bushel, and March soybean meal is down $8.20. The Dow Jones Industrial Average is down 171.89 points, and the NASDAQ is down 0.23 points.