DTN Closing Livestock Comment 06/02 16:05
2 Jun 2022
DTN Closing Livestock Comment 06/02 16:05 Livestock Complex Defends Gains Through Closing The livestock complex had another winning day as technical support shepherded the market higher through closing. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was another impressive day for the livestock contracts as the market closed fully higher. The market has seen substantial technical interest this past week, which has led the contracts to higher prices. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $0.46 with a weighted average of $115.22 on 10,049 head. July corn is down 1 cent per bushel and July soybean meal is up $2.20. The Dow Jones Industrial Average is up 435.05 points.